Question: Explain the modes to extinguish Obligations Payment or performance Loss of the thing due Condonation or remission of debt Confusion or merger of rights Compensation

Explain the modes to extinguish Obligations

Payment or performance

Loss of the thing due

Condonation or remission of debt

Confusion or merger of rights

Compensation

Novation

Explain the Essential Elements of a valid contract

Consent

Object

Cause

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