Law on Obligations and Contracts by Hector De Leon: A Comprehensive Guide
Law on Obligations and Contracts by Hector De Leon: A Comprehensive Guide
The law on obligations and contracts is a branch of civil law that deals with the nature, sources, effects, and extinction of legal ties between individuals or entities. It covers topics such as the elements, kinds, interpretation, and validity of contracts, as well as the rights and duties of the parties, the remedies for breach, and the modes of extinguishing obligations.
One of the most popular and authoritative books on this subject is The Law on Obligations and Contracts by Hector S. De Leon, a former dean and professor of law at the University of the Philippines. This book, first published in 1999 by Rex Book Store, provides a comprehensive and updated discussion of the principles and doctrines of Philippine law on obligations and contracts. It also includes relevant jurisprudence and legislation to illustrate the application of the law in various situations.
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The book is divided into two parts: Part I deals with obligations in general, while Part II deals with contracts in particular. Part I covers topics such as the sources, classification, transmission, breach, and extinguishment of obligations, as well as quasi-contracts, natural obligations, and estoppel. Part II covers topics such as the essential requisites, form, interpretation, reformation, rescission, fulfillment, and novation of contracts, as well as specific contracts such as sales, lease, agency, partnership, loan, deposit, guaranty, pledge, mortgage, antichresis, compromise, arbitration, insurance, suretyship, and others.
The book is written in a clear and concise manner that makes it easy to understand and follow. It also contains numerous examples and illustrations to help explain the concepts and principles. The book is suitable for law students who are taking up the course on obligations and contracts, as well as for lawyers who want to refresh their knowledge or update themselves on the latest developments in this field of law.
The book is available in both print and digital formats. The print version can be purchased from Rex Book Store or other bookstores nationwide. The digital version can be downloaded from various online platforms such as Academia.edu or Scribd. However, some of these platforms may require a subscription fee or a registration process to access the full content of the book. Alternatively, some websites may offer free downloads of the book in PDF or RAR format. However, these websites may not be authorized by the author or publisher and may contain viruses or malware that can harm your device or compromise your data. Therefore, it is advisable to exercise caution when downloading files from unknown sources.
The law on obligations and contracts is a dynamic and evolving field of law that reflects the changing needs and values of society. It is influenced by various factors such as culture, religion, politics, economics, and technology. As such, it is important to keep abreast of the latest developments and trends in this area of law.
One of the recent developments in the law on obligations and contracts is the enactment of Republic Act No. 11057 or the Personal Property Security Act of 2018. This law aims to promote economic activity by increasing access to credit, especially for micro, small, and medium enterprises (MSMEs). It does so by establishing a unified and modern legal framework for securing obligations with personal property. It also creates a centralized online notice registry where security interests over personal property can be registered and searched. This law is expected to enhance the efficiency and transparency of secured transactions and reduce the risks and costs involved.
Another recent development in the law on obligations and contracts is the adoption of the Philippine Identification System or PhilSys. This is a national identification system that aims to provide a valid proof of identity for all Filipino citizens and resident aliens. It also serves as a platform for the delivery of various government and private sector services. The PhilSys Act or Republic Act No. 11055 was signed into law in 2018 and its implementing rules and regulations were issued in 2019. The PhilSys will have an impact on the law on obligations and contracts in several ways. For instance, it will facilitate the verification of the identity and capacity of the parties to a contract, as well as the authentication of their signatures. It will also enable the use of electronic contracts and signatures that are compliant with the Electronic Commerce Act or Republic Act No. 8792. 0efd9a6b88
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