TITLE III. OBLIGATIONS IN GENERAL CHAPTER 1. GENERAL PRINCIPLES Art. 1756. Obligations; definition An obligation is a legal relationship whereby a person, called the obligor, is bound to render a performance in favor of another, called the obligee. Performance may consist of giving, doing, or not doing something. Acts 1984, No. 331, §1, eff. Jan. […]
Art. 1757. Sources of obligations Obligations arise from contracts and other declarations of will. They also arise directly from the law, regardless of a declaration of will, in instances such as wrongful acts, the management of the affairs of another, unjust enrichment and other acts or facts. Acts 1984, No. 331, §1, eff. Jan. 1, […]
Art. 1758. General effects A. An obligation may give the obligee the right to: (1) Enforce the performance that the obligor is bound to render; (2) Enforce performance by causing it to be rendered by another at the obligor’s expense; (3) Recover damages for the obligor’s failure to perform, or his defective or delayed performance. […]
Art. 1759. Good faith Good faith shall govern the conduct of the obligor and the obligee in whatever pertains to the obligation. Acts 1984, No. 331, §1, eff. Jan. 1, 1985.