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OPTIONAL OBLIGATION [1 record]

Record 1 2009-02-23

English

Subject field(s)
  • Law of Obligations (civil law)
  • Law of Contracts (common law)
CONT

This second part of the obligation in question is what is known in law as a facultative obligation ... which provides: [...] When only one prestation has been agreed upon, but the obligor may render another in substitution, the obligation is called facultative.

CONT

An ‘Optional' obligation means that an element can be supplied, but is not required to be supplied, for a given resource.

French

Domaine(s)
  • Droit des obligations (droit civil)
  • Droit des contrats (common law)
DEF

Obligation qui a pour objet une seule prestation principale dont le débiteur peut néanmoins se libérer en exécutant une autre prestation équivalente.

CONT

Obligation facultative. Obligation ayant un objet unique, le débiteur pouvant toutefois se libérer en effectuant une autre prestation`

CONT

Le débiteur qui s'est engagé à remettre un objet précis à son créancier mais qui peut se libérer de son obligation en fournissant à la place une somme d'argent.

Spanish

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