Type of contract in which each party's obligations are independent of those of the other, and each party can demand performance from the other without performing its own part. Contracts of employment, for example, are usually divisible: the employee must work even if the salary is not paid on time. A contract, however, does not become divisible simply because it has to be completed in parts or stages.
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This is when you are under a legal obligation to do or not to do an act. i.e. obligated by law.
A waiver?
what are the different kinds of obligation
Liability - is something covered by law. Obligation - is something you're 'expected' to do.
Liability - is something covered by law. Obligation - is something you're 'expected' to do.
Pure obligation is when one acts without any condition mandated by law. An example of pure obligation is, "I will give you this car."
In Swiss law, there are three main sources of obligation: contract, tort and unjust enrichment. There are also various obligations stemming from the law itself, such as alimony.
To explain when a person has a moral obligation to disobey the law
Black's Law Dictionary(8th) personal obligation. 1. An obligation performable only by the obligor, not by the obligor's heirs or representatives. 2. An obligation in which the obligor is bound to perform without encumbering his or her property for its performance.
Anything that you have to do by law. To drive a car, by law you must have a license. It is a legal obligation. You are legally obliged to have a driving license to drive a car.
an obligation under which any of two or more obligors can be held liable for the entire performance (as payment of a debt) Solidary obligation is similar to joint and several liability in common law.