OBLIGATIONS AND CONTRACTS

general provisions

1. Dexter is indebted to John . While the obligation was still unpaid, John died.

a. What will happen to the obligation?

b. Give the provision/s of law relevant to this case.

2. A and B entered into a contract which is not identified in the Civil Code.

a. Is the contract valid and binding?

b. Enumerate and explain the rules governing this kind of contract.