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What is Law?
Law is:
1. A recognized causal link or principle whose violation must or should result in a penalty as failure,
2. The binding rules of conduct meant to enforce justice and prescribe duty or obligation, and
derived largely from custom or formal enactment by a ruler or legislature. These laws carry with
them the power and authority of the enactor, and associated penalties for failure or refusal to
obey. Law derives its legitimacy ultimately from universally accepted principles such as the
essential justness of the rules, or the sovereign power of a parliament to enact them.
3. A description of a direct link between cause and effect of a phenomenon deduced from
A substantive law is a law that creates and controls the rights and duties of parties. A
enforcing the rights and duties under substantive law. General examples include the rules of
evidence, jurisdiction, and pleading and practice (which are referred to as either civil procedure
or criminal procedure, depending on the type of proceeding). We will discuss civil procedure. A
Civil law is the law of private rights and duties. As with substantive law, general examples
include the laws regarding torts, contracts, and real property. A specific example of a civil law is
a law providing that all contracts for the sale of real property must be in writing. Why is it a civil
law? Because it deals with duties between private parties; and any violation of it is a wrong
Criminal law, on the other hand, is the law of public rights and duties; put another way, it is
the law that creates and controls wrongs committed against the whole community. Criminal law
violations are called crimes. Specific examples include laws against assault, burglary, and
robbery.
What is Obligations?
something by which a person is bound or obliged to do certain things, and whicharises out of a
(1) Law;
(2) Contracts;
(3) Quasi-contracts;
•neither party may unilaterally evade his obligationin the contract, unless:
•Parties may freely enter into any stipulationsprovided they are not contrary to law, morals,good
2) Passive subject(obligor/debtor):one who has the duty of giving, doing or not doing
SOURCES:
https://www.scribd.com/doc/23322108/Obligations-and-Contracts
http://www.officialgazette.gov.ph/1949/06/18/republic-act-no-386/
http://www.businesslawbasics.com/chapter-4-classifications-law-0
http://www.businessdictionary.com/definition/law.html
http://www.dictionary.com/browse/obligation