InterviewSolution
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Discuss Mora Debitoris And Mora Creditoris And Distinguish Between Them? |
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Answer» MORA DEBITORIS: Mora debitoris is the unjustifiable FAILURE of a debtor to MAKE timeous performance of a positive obligation that is due and enforceable and still capable of performance in spite of such failure. Requirements:
Mora ex re occurs where the debtor fails to perform on or before the due date expressly or impliedly stipulated by the parties in their contract. Mora ex persona occurs where no time for performance has been stipulated, and the creditor demands that the debtor perform on or before a definite date that is reasonable in the circumstances (by means of a letter of demand, or oral demand). MORA CREDITORIS: Mora creditoris is a form of breach of contract by a creditor. It occurs in cases where a creditor is obliged to lend his or her cooperation, and culpably fails to do so timeously. Requirements:
MORA DEBITORIS: Mora debitoris is the unjustifiable failure of a debtor to make timeous performance of a positive obligation that is due and enforceable and still capable of performance in spite of such failure. Requirements: Mora ex re occurs where the debtor fails to perform on or before the due date expressly or impliedly stipulated by the parties in their contract. Mora ex persona occurs where no time for performance has been stipulated, and the creditor demands that the debtor perform on or before a definite date that is reasonable in the circumstances (by means of a letter of demand, or oral demand). MORA CREDITORIS: Mora creditoris is a form of breach of contract by a creditor. It occurs in cases where a creditor is obliged to lend his or her cooperation, and culpably fails to do so timeously. Requirements: |
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