Question: Good day tutor please help me with these questions, concise answer is okay thank you! ( please based on Philippine Business Law) 1. What is

Good day tutor please help me with these questions, concise answer is okay thank you! ( please based on Philippine Business Law)

1. What is the impact of the law on obligations and contract to our society?

2. Distinguish compensation from rescission.

3. What is the effect of fortuitous event in extingushing the obligation?

4. What is the use of the concept of negotiorum gestio to our daily living?

5. Distinguish damage from damages.

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