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What is Article 1205 of the civil code of the Philippines?
Article 1205 of the Civil Code of the Philippines pertains to the liability of a debtor in the event of default. It states that a debtor is not liable for damages if they can prove that the non-fulfillment of their obligation was due to a fortuitous event or force majeure. This article emphasizes that the debtor's responsibility is contingent upon the circumstances surrounding their inability to perform the obligation.
How can the word fortuitous be used in a sentence?
The close correspondence between these two figures is not a fortuitous coincidence.OrA helping hand from the crossing lady may prove fortuitous Aquarius Make sure you stretch well this week.
What is the explanation of article 1168 in obligation and contract?
Article 1168 of the Civil Code of the Philippines addresses the effects of an obligation in cases of non-performance. It states that the debtor is liable for damages if they fail to fulfill their obligation, unless they can prove that the non-performance was due to a fortuitous event. This provision emphasizes the importance of accountability in contractual obligations and the protection of the creditor's rights. In essence, it ensures that debtors are responsible for their commitments, barring unforeseen circumstances.
A lucky accident is something that is?
A fortunate event that resulted from chance rather than planning. fortuitous
B Explain how a hostile takeover can trigger an accelerated obligation credit event?
Explain how a hostile takeover can trigger an accelerated obligation credit event
What is a synonym for fortuitous?
A synonym for fortuitous is random.
What is condition obligation?
A conditional obligation is a contractual event that depends on certain situations. The obligation only is in place if certain circumstances occur.
Is robbery considered a fortuitous event?
Not necessarily. In that the word means "by chance or by accident," I suppose it could describe a robbery that occurred by that means, HOWEVER, in common usage the word "fortuitous" is usually associated with GOOD things happening to someone.
What is a sentence for the word fortuitous?
It was fortuitous for me to win the lottery.During my ride to Washington I got in to a car accident, which was ruled fortuitous.
What are example sentences with fortuitous?
Fortuitous means that some thing happened by chance or luck.It was fortuitous for me to win the prize.
How would you use fortuitous in the sentence?
His success depended on a fortuitous combination of circumstances. United were saved by a fortuitous penalty.
What is the prefix of fortuitous?
There is no prefix for the word, "Fortuitous". It has a suffix, though, which is "ous".
