The law of Obligations The Conception of Obligation Imperfect and Perfect Obligations Simple and Solidary Obligations Sources of Obligations

Three friends jointly promise a caterer Rs 30,000 for the Ganeshotsav prasad. One of them has no money, and the caterer demands the whole sum from the richest of the three. Is that fair? Elsewhere, a shopkeeper loses his right to sue for a loan that is ten years old, yet feels morally bound to repay it. Obligation is the legal bond that ties one person to another, and this topic looks at what it is, when it is perfect or imperfect, when it is shared among many debtors, and where obligations come from.

In two minutes

An obligation is a legal bond (vinculum juris) under which one person must do or forbear something for another; it may be perfect or imperfect, simple or solidary, and it arises from contract, wrong (tort or delict), quasi-contract and similar sources.

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