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I am working on a class called legal aspects of building administration and came upon this term and am unsure of it's meaning?

2006-07-04 17:02:59 · 15 answers · asked by Curious George 1 in Education & Reference Higher Education (University +)

15 answers

Obligations that arise from contracts such as doing something which is stipulated on the contract. For example, in a contract covering a building, the administrator must do his duties otherwise if he fails, he could be sued by the persons who are interested in the enforceability of the contract.

2006-07-04 17:07:20 · answer #1 · answered by FRAGINAL, JTM 7 · 1 0

Contractual Obligation

2016-10-04 05:03:41 · answer #2 · answered by ? 4 · 0 0

signing a contract makes you liable in a court of law to the terms of said contract,those terms would be the obligation, ie"contractual obligation"

2006-07-04 17:07:09 · answer #3 · answered by charleybgoode 2 · 0 0

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RE:
What does the term "contractual obligations" mean?
I am working on a class called legal aspects of building administration and came upon this term and am unsure of it's meaning?

2015-08-10 16:47:37 · answer #4 · answered by Anonymous · 0 0

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 Property law, the Law of Persons, Family Law, Succession law, Law of Hypothecs, the Law of Prescription. The Law of Obligations finds its origins in Roman 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 responsibility between persons known as delicts and quasi-delicts, which are similar to tort at common law.

2006-07-04 17:07:09 · answer #5 · answered by XxDJToxic420xX 3 · 0 0

That means the obligations of a deal [or the things that both parties agreed on/to do] that was layed out in a contract.

2006-07-04 17:05:22 · answer #6 · answered by Mary 6 · 0 0

If you enter into a contract, you may be obligated to follow a pre-determined set of rules or guidelines. If you do not abide by these terms, you will violate the terms of the contract and you may be persecuted in a court of law.

2006-07-04 17:07:36 · answer #7 · answered by Anonymous · 0 0

Obligations as defined by written contract in "Obligations" section.

2006-07-04 17:04:36 · answer #8 · answered by Anonymous · 0 0

Something you obliged to do under contract. The same contract usually outlines the reprecussions of failing to meet said obligations.

2006-07-04 17:06:15 · answer #9 · answered by Anonymous · 0 0

You signed an agreement (contractual) and are required to do something because of that (obligations) basically.

2006-07-04 17:06:51 · answer #10 · answered by Anonymous · 0 0

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