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Simple English definitions for legal terms
obligatio
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A quick definition of obligatio:
An obligatio is a legal bond or obligation in Roman law. It can be a legally enforceable obligation recognized under jus civile, such as a contractual obligation, or an obligation arising from a wrongdoing against another person or property, enforceable in tort. There are also obligations that are not legally enforceable but may produce legal effects, called natural obligations. Quasi-contractual obligations can arise between two parties who have not contracted with each other but have formed a relationship similar to a contractual one, or where a payment is made in error. Verbal obligations can arise from a solemn question and answer using specific words.
A more thorough explanation:
Definition: Obligatio is a legal bond or obligation recognized under Roman law. It refers to a legally enforceable obligation, such as one by contract.
Examples:
- When you sign a contract to buy a car, you have an obligatio to pay for the car.
- If you borrow money from a bank, you have an obligatio to repay the loan.
These examples illustrate how obligatio refers to a legal bond or obligation that is recognized and enforceable under the law. When you sign a contract or borrow money, you are creating a legal obligation to fulfill certain terms and conditions.