Page 285 - Important Provisions of The New Civil Code

OBLIGATION

Article 1156. An obligation is a juridical

necessity to give, to do or not to do. (n)

Article 1157. Obligations arise from:

(1) Law;

(2) Contracts;

(3) Quasi-contracts;

(4) Acts or omissions punished by law; and

(5) Quasi-delicts. (1089a)

Article 1159. Obligations arising from contracts

have the force of law between the contracting

parties and should be complied with in good

faith. (1091a)