What are the different kinds of mora?

What are the different kinds of mora?

What are the kinds of delay or default?

• Mora solvendi – default on the part of the debtor/obligor. a. Ex re – default in real obligations (to give) b.
• Mora accipiendi – default on the part of the creditor/obligee.
• Compensatio morae – default on the part of both the debtor and creditor in reciprocal obligations.

What is meant by default or mora?

It means willful delay or default in fulfilling a legal obligation. ‘In mora’ means in default. A person is said to be in mora, when s/he defaults in paying due debt. Such a debtor is liable to suffer the consequences that is, the loss the creditor may incur from debtor’s delay.

What are the 3 kinds of delay?

There are three kinds of delay namely: Always keep in mind that the debtor can only have an obligation to give, to do, and not to do, so he can only be delayed between the two, to give and to do, because there is no delay in not to do. One cannot be in delay for not doing at all.

What is the difference between mora Solvendi and mora Accipiendi?

Mora solvendi is delay on the part of the debtor to perform his obligation. The requisites for mora accipiendi are: the fulfilment requires the act of cooperation on the part of the creditor, that the debtor has done what is incumbent upon him and refusal by creditor.

What is Resolutory?

Legal Definition of resolutory : operating to annul or terminate.

What mora means?

delay
A mora is a sound which comes after a short pause in a syllable. The term comes from the Latin word for “linger, delay”, which was also used to translate the Greek word χρόνος : chrónos (time) in its metrical sense.

What is the concept of Mora?

A mora (plural morae or moras; often symbolized μ) is a unit in phonology that describes syllable weight, which in some languages determines stress or timing. A mora is a sound which comes after a short pause in a syllable.

What is Dolo Incidente?

Dolo incidente, or incidental fraud which is referred to in Article 1344, are those which are not serious in character and without which the other party would still have entered into the contract.

What is Resolutory condition example?

RESOLUTORY CONDITION. On which has for its object, when accomplished, the revocation of the principal obligation; for example, I will sell you my crop of cotton, if my ship America does not arrive in the United States, within six months. My ship arrives in one month, my contract with you is revoked.

What is a Resolutory contract?

Resolutive Condition: When dealing with a resolutive condition, the contract is immediately binding with all rights and obligations coming into existence from day one of the contract and there is no suspension of these rights and obligations.

What is mora called in English?

A mora is a sound which comes after a short pause in a syllable. The term comes from the Latin word for “linger, delay”, which was also used to translate the Greek word χρόνος : chrónos (time) in its metrical sense.

What do we call mora in English?

feminine noun. (Economics, Law) delay.

What are the types of default, delay or mora?

What are the kinds of delay or default? 1. Mora solvendi – default on the part of the debtor/obligor a. Ex re – default in real obligations (to give) b. Ex personae – default in personal obligations (to do) 2. Mora accipiendi – default on the part of the creditor/obligee

Which is the best definition of a mora?

1. MORA SOLVENDI (mora of the debtor) – delay of the obligor or debtor to perform his obligation. -obligation should be demandable, due and liquidated. -creditor should demand either judicially or extra-judicially. 2.MORA ACCIPIENDI (mora of the creditor) – the delay of the obligee or creditor to accept the delivery of the thing which is

What are the two types of Mora Solvendi?

1. Mora solvendi – or the delay on the part of the debtor to fulfill his obligation (to give or to do) by reason of a cause imputable to him; 2. Mora accipiendi – or the delay on the part of the creditor without justifiable reason to accept the performance of the obligation; and

Which is the best definition of Mora accipiendi?

Mora accipiendi – default on the part of the creditor/obligee 3. Compensatio morae – default on the part of both the debtor and creditor in reciprocal obligations