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Simple English definitions for legal terms
perfect obligation
Read a random definition: simple-contract debt
A quick definition of perfect obligation:
A perfect obligation is a legal or moral duty that someone must do or not do. It can be imposed by law, contract, promise, social relations, courtesy, kindness, or morality. It is a formal, binding agreement or acknowledgment of a liability to pay a certain amount or to do a certain thing for a particular person or set of persons. A perfect obligation is legally enforceable and recognized by positive law. It is different from a moral obligation, which is based only on one's conscience and is not legally enforceable.A more thorough explanation:
A perfect obligation is a legal or moral duty that must be fulfilled by a person. It can be imposed by law, contract, promise, social relations, courtesy, kindness, or morality. It is a legally enforceable obligation that is recognized and sanctioned by positive law.
For example, if you sign a contract to pay rent every month, you have a perfect obligation to pay that rent. If you fail to pay, your landlord can take legal action against you to enforce the obligation.
Another example is a loan agreement that requires the borrower to make monthly payments. The borrower has a perfect obligation to make those payments, and the lender can take legal action if the borrower fails to do so.
These examples illustrate how a perfect obligation is a legally enforceable duty that must be fulfilled by the obligated party.