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A positive suspensive condition is a specific type of contractual condition that must be fulfilled for a contract to become effective. It represents a future event or action that, when it occurs, activates the contract's obligations. For example, if a contract is contingent upon a buyer securing financing, the contract only takes effect once the buyer successfully obtains that financing. This condition essentially suspends the contract's enforceability until the specified positive event occurs.

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What is the difference between a suspensive and a resolutive condition?

(a) In the case of the suspensive condition, being one which suspends the operational effect of one, or some, or all of the obligations under a contract until the conditions are fulfilled, the risk will not pass until the suspensive conditions have been fulfilled.(b) The resolutive condition has a different effect. A sale subject to this type of condition will result in the risk passing as soon as formalities required for the completion of a sale agreement have been completed. The risk in conditional sales is as follows:-• in the case of a sale subject to a suspensive condition, the risk of total loss remains with the seller until the condition is fulfilled (as indicated above the risk does not pass with ownership). The reason the risk remains with the seller is due to the effect that a suspensive condition suspends the whole sale and until such time as the condition is fulfilled, there is no sale, thus risk cannot pass;• on the other hand, in the case of a sale subject to a resolutive condition, the risk of total loss passes to the buyer immediately the contract has been concluded. As indicated above, the sale operates immediately, with the result, that if the thing is destroyed before delivery, the buyer must nevertheless pay the price in full, for the risk has passed to the buyer.


What is the examples on article 1181?

Article 1181 of the Civil Code of the Philippines pertains to the effects of conditional obligations. It states that when the condition is suspensive, the obligation does not arise until the condition is fulfilled, while if the condition is resolutory, the obligation exists until the condition occurs. For example, if a person promises to pay another upon their graduation (suspensive condition), the obligation to pay arises only when the graduation takes place. Conversely, if someone gives a gift that must be returned if a certain event happens (resolutory condition), the gift remains with the recipient until that event occurs.


What is is the explanation of Article 1203 obligation and contracts?

Article 1203 of the Civil Code pertains to the obligations arising from contracts, specifically addressing the effects of obligations that are subject to a condition, which may either be suspensive or resolutory. It stipulates that a condition must be lawful and possible for it to be valid. If the condition is fulfilled, the obligation arises or ceases accordingly. This article highlights the importance of conditions in determining the enforceability of contractual obligations.


What are examples of suspensive conditions?

Some examples of suspensive conditions include obtaining financing for a purchase, receiving satisfactory inspection results before closing a real estate deal, or securing regulatory approval for a business transaction to proceed. These conditions must be met before a contract can be finalized.


What condition is G for a reaction always positive?

When H and S are both positive


What is the condition that causes positive mass balance?

When it is hot and there is no precipation


What was Italy's economic condition during world war 2?

Positive


Can blood pressure medicine cause a false positive finding?

Please clarify your question - a false positive finding for what condition?


When is a contract of sale considered perfecta?

A contract is considered perfecta if the object of sale has been clearly identified; the price has been determined; and there are no suspensive conditions


What is the value and age of a Colt Police Positive 38 Special serial 470040 D with some type of horn grip in fair condition?

if the revolver you have is a police positive special,it was made in 1940.the value would be 200.00dollars in 50% condition up to 295.00 in 90% condition.


The inherent quality or condition in a body that exhibits the properties of positive and negative?

Polarity


What is the age and value of a 38 caliber Colt Police Positive serial 2369xx with a 4 inch barrel in very good condition?

value depends on overall condition. if your colt is a police positive special, made about 1921