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a. Pure and conditional
pure-one whose effectivity or extinguishment does not depend upon the fulfillment or non-fillment of a condition or upon the expiration of a term or period. Characterized by Immediate Demandabilty.
Conditional obligation-effectivity is subordinated to the fulfillment or non-fulfillment of a future or uncertain fact event
- Future and uncertain event or
- Past event and unknown to the parties
a...
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a. Pure and conditional
pure-one whose effectivity or extinguishment does not depend upon the fulfillment or non-fillment of a condition or upon the expiration of a term or period. Characterized by Immediate Demandabilty.
Conditional obligation-effectivity is subordinated to the fulfillment or non-fulfillment of a future or uncertain fact event
- Future and uncertain event or
- Past event and unknown to the parties
a...
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