Article 1184: Positive Condition
Article 1184: Positive Condition
Positive Condition
The obligation is extinguished:
(1) as soon as the time expires without the event taking place
23
OBLIGATION
OBLIGATION
Negative Condition
The obligation shall become effective and binding:
(1) from the moment the time indicated has elapsed without taking place
On December 30
On December 31
On December 30
(2) from the moment it has become evident that the event cannot occur,
although the time indicated has not yet elapsed.
On November 20
On December 30
Article 1186
ex.
Romeo binds himself to lend his only car to Juliet until the latter
passes the CPA board. The obligation to lend is immediately demandable.
Juliet’s right over the car is extinguished upon her passing the CPA Board.
Juliet is now obliged to return the car.