Law of Obligations

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Law of Obligations

 

the norms of civil law that regulate relationships in transferring property from one participant in economic circulation to another, for example, through sales, loans, or independent-work contracts. In the USSR the law of obligations regulates the planned distribution of commodities for technical industrial use among socialist organizations, capital construction, the introduction of technological advances, the sale of consumer goods, the performance of work or public services, and relationships arising from citizens disposition of property belonging to them by right of personal ownership. The law of obligations also regulates relationships arising from wrongful acts, for example, a person who violates another’s right must compensate the victim for the damage caused.

The law of obligations as a body of legal norms is part of the Basic Principles of Civil Legislation of the USSR and the Union Republics and is incorporated in the civil codes of the republics. The Basic Principles contain norms defining the creation of obligations, the performance of obligations, the securing of the performance of obligations, liability for breach of obligations, and the termination of obligations. The civil codes also regulate individual types of obligations, such as delivery contracts, state purchases of agricultural products from kolkhozes and sovkhozes, the lease of property, shipment, insurance, payment and credit relationships, agency, commission contracts, and deposit.

The norms of the law of obligations are also contained in all-Union and republic normative acts, for example, the Statute on Deliveries of Commodities for Technical Industrial Use, the Statute on Deliveries of Consumer Goods, and various transportation codes (railroad, maritime, river, and air), which regulate in detail contracts for the shipment of freight and conveyance of passengers.

References in periodicals archive ?
On death sentence to Jadhav announced by Pakistan's military court, Salve said domestic law could not be considered as a defence against violation of international law of obligation. Salve accused Pakistan of not conforming to the Article 36 of the Vienna Convention on Consular Relations, which he said required a nation arresting or detaining a foreign national to ensure his or her right of consular access.
He pointed out that Pakistan was relying on reports by the Indian press by quoting the articles of Karan Thapar and Praveen Swami, which he claimed were in contradiction with Pakistan's First Information Report (FIR).On death sentence to Jadhav announced by Pakistan's military court, Salve said that domestic law could not be considered as a defence against a violation of international law of obligation.
Prior to that, she was Professor of the Law of Obligations at the University of Oxford, and, before that, a lecturer at the University of Birmingham from 2001 to 2010.
The second source of the new Law of Obligations was a draft which had been prepared by a reform commission in a process which dates back to the 1970ies, and which had initially been entrusted with the task of preparing a reform of the entire German law of obligations.
The Common Law of Obligations: Divergence and Unity (reprint, 2016)
Roman approach and categorize the law of obligations similarly.
From there, I moved to the University of Nottingham as a lecturer in the Law of Obligations in 2003 and I remained there till December 2011, when I moved to Lagos.
According to the general principles of the law of obligations, a contractual relationship is null and void, from which one party (in this case the citizen) can only come out with the fulfillment of a number of conditions, which are subsequently added, some of which are practically impossible because they depend on the will of third parties and which imply additional financial obligations of just one side.
Insurance and the Law of Obligations, by Rob Merkin and Jenny Steele, 2013, Oxford, UK: Oxford University Press, 406 pp.
The law of obligations in Europe; a new wave of codifications.
The "Borclar Kanunu" (Law of Obligations) clearly states this is only the case if your rental contract does not state anything else.
His research interests include law of obligations, trusts, succession, auctions and consumer protection.