question archive Statement 1 (S1): If the obligation does not fix a period but from its nature and the circumstances it can inferred that a period was intended the court may fix the duration thereof
Subject:LawPrice:2.86 Bought3
Statement 1 (S1): If the obligation does not fix a period but from its nature and the circumstances it can inferred that a period was intended the court may fix the duration thereof. Statement 2 (S2): Once the court fixed the period the parties cannot change it anymore.
(A) both statements are true
(B) both are false
(C) only S1 is true
(D) only S2 is true
The answer is (A) both statements are true.
Step-by-step explanation
Under the laws on obligations, if there is no period for the obligation but it can be inferred that parties intended to have one, the court may fix that period for them.
It is not true that the parties cannot change the period once a period is fixed by the court. The parties may change the period under a new agreement.