Lat In Roman law. The legal relation existing between two certain persons whereby one (the creditor) is authorized to demand of the other (the debtor) a certain performance which has a money value. In this sense obligatio signifies not only the duty of the debtor, but also the right of the creditor. The fact establishing such claim aud debt, as also the instrument evidencing it, is termed “obligation.” Mackeld. Rom. Law,
What is OBLIGATIO?
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