The
Law of Obligations is one of the component elements of the
civil law system of
law and encompasses
contractual obligations[?], quasi-contractual obligations such as
unjust enrichment[?] and
extra-contractual obligations[?]. The
Law of Obligations is one of the branches of the
civil law which includes the
Law of Property[?], the
Law of Persons[?], the
Law of the Family the
Law of Successions[?], the
Law of Hypothecs[?] the
Law of Evidence[?] the
Law of Prescription[?], the
Law of Publication of Rights[?], and the
Law of Private International Law[?].
The Law of Obligations seeks to organize and regulate the voluntary and semi-voluntary legal relations available between moral and natural persons under as (1) obligations under contracts, both innominate and nominate (for example: sales, gift, lease, carriage, mandate, association, deposit, loan, employment, insurance, gaming and arbitration),(2) in unjust enrichment, (3) management of the property of another, (4) the reception of the thing not due and (5) the various forms of extra-contractual responibility between persons known as delicts and quasi-delicts.
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