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- In law, obligation refers to the requirement to participate in a certain action because of their agreement to another party or under the law1. It is a juridical relation, whereby a person (called the creditor) may demand from another (called the debtor) the observance of a determinative conduct, and in case of breach, may obtain satisfaction from the assets of the latter2. The person or entity who was liable for the obligation is called obligor; the person or entity who holds the correlative right to an obligation is called obligee3. An obligation is a legal duty, by which a person is bound to do or not to do a certain thing4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.In today's legal world, obligation refers to the requirement to participate in a certain action because of their agreement to another party or under the law. Obligation is the moral or legal duty that requires an individual to perform, as well as the potential penalties for the failure to perform.www.upcounsel.com/definition-of-obligation-in-lawAn obligation is a juridical relation, whereby a person (called the creditor) may demand from another (called the debtor) the observance of a determinative conduct, and in case of breach, may obtain satisfaction from the assets of the latter.www.projectjurisprudence.com/2021/09/definition-o…Therefore, the legal meaning of an obligation does not only denote a duty, but also denotes a correlative right—one party has an obligation means another party has a correlative right. The person or entity who was liable for the obligation is called obligor; the person or entity who holds the correlative right to an obligation is called obligee.www.law.cornell.edu/wex/obligationFind the legal definition of OBLIGATION from Black's Law Dictionary, 2nd Edition. An obligation is a legal duty, by which a person is bound to do or not to do a certain thing.thelawdictionary.org/obligation/
obligation | Wex | US Law | LII / Legal Information Institute
An obligation is a civil law concept that denotes a duty and a correlative right. Learn about different types of obligations, such as contractual, conditional, current, and heritable, and their sources and effects.
Obligation - The Law Dictionary
Definition and Citations: An obligation is a legal duty, by which a person is bound to do or not to do a certain thing. Civ. Code Cal.
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Definition of Obligation in Law | UpCounsel 2024
Jul 3, 2018 · Obligation is the moral or legal duty that requires an individual to perform, as well as the potential penalties for the failure to perform. An obligation is also a duty to do what is …
Legal Obligation and Authority - Stanford Encyclopedia of …
Dec 29, 2003 · Obligations in the Law. Every legal system contains obligation-imposing laws, but there is no decisive linguistic marker determining which these are. The term “obligation” need …
Research Guides: The Law of Obligations: Home - LSU
Jan 9, 2023 · An obligation is a legal relationship between two or more persons. An obligation exists when: (1) an obligor (debtor) owes a performance in favor of an obligee (creditor); and …
Obligation - FindLaw Dictionary of Legal Terms
The elements of an obligation are: the parties, an object, the relationship by virtue of which one party is bound to perform for the other's benefit, and, in the case of conventional obligations, a …
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obligation Definition, Meaning & Usage | Justia Legal Dictionary
An assurance or contract which legally requires one to perform a particular action, often involving monetary payment. A type of financial liability, such as a government bond or corporate bond, …
Obligation Definition & Meaning - Merriam-Webster
The meaning of OBLIGATION is the action of obligating oneself to a course of action (as by a promise or vow). How to use obligation in a sentence.
What is the law of obligation? - University of Lincoln
Sep 28, 2022 · The law of obligation refers to a person’s legal duty to do something. This legal duty arises in situations where a person, or a group of people, is required to take a particular course of action under the law.
Obligation: A Legal-Theoretical Perspective
Nov 8, 2014 · PDF | In this essay, I reflect on the fundamental characteristics of obligation understood as a concept with its own distinctive defining features. This... | Find, read and cite all the...
Understanding the Legal Definition of Obligation - Fitter Law
Learn the legal definition of obligation and why it's crucial for business owners to understand. Fulfilling obligations helps with legal compliance, building trust, avoiding litigation, and …
Legal Definition of obligation | The Global Legal Lexicon
obligation. The Practice of Law. In the complex landscape of legal representation, various entities and individuals provide services to litigants in courts.
Obligation: Legal Definition and Examples in Finance - Investopedia
Dec 22, 2022 · An obligation is the responsibility of a party to meet the terms of a contract or agreement. If an obligation is not met, the legal system often provides recourse for...
Law of obligations - Wikipedia
The law of obligations is one branch of private law under the civil law legal system and so-called "mixed" legal systems. It is the body of rules that organizes and regulates the rights and duties …
classical texts suggests his own definition of obligation (§ 787): “An obligation is a legal bond between two persons which implies the duty of one to another recognized in the ius civile and …
The Concept of Obligation (Chapter 1) - A Theory of Legal …
Chapter 1 sets the stage for my substantive inquiry into the obligatory dimension of the law by asserting that a conceptualization of obligation in general is the preliminary step for …
Legal Obligation Definition, Types & Examples - Study.com
Nov 21, 2023 · The definition of legal Obligation is the legal duty to do or not do an action executed through a court of law. If an individual has a legal obligation to perform a...
1.1 What is the Law of Obligations? – Svantesson on the Law of …
One legal dictionary defines the law of obligations as: An umbrella term for contract, tort and restitution.
What Is a Legal Obligation? - SpringerLink
Apr 7, 2024 · On this account, which I argued to be Kantian (in a modified meaning of this qualification), legal obligation is conceptualised as a normative kind of necessitation—a …
3 Legal Obligation and the Concept of Law - Oxford Academic
This chapter further examines Fuller's concept and its connections with an associated view of the nature of legal obligation. It is that account of legal obligation — implicit in Fuller's work — that …
Political Obligation - Stanford Encyclopedia of Philosophy
Apr 17, 2007 · According to M. B. E. Smith's definition, for instance, “a person S has a prima facie obligation to do an act X if, and only if, ... are merely legal obligations. Legal obligations are …
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