OBLIGATIONS AND CONTRACTS TITLE I. - OBLIGATIONS CHAPTER! GENERAL PROVISIONS Art. 1156. An obligation is a juridical necessity to give, to do or not to do. What is obligation? Under the New Civil Code (NCC), ob/i'7ation is a juridical necessity to give, to do or not to do.1 An obligation "to do" includes all kinds of work or service; while an obligation "to give" is a prestation which consists in the delivery of a movable or an immovable thing in order to create a real right, or for the use of the recipient, or for its simple possession, or in order to return it to its owner. 2 What is a right? A rwht. is a claim or title to an interest in anything whatsoever that is enforceable by law. 3 A rwht. is a power, privilege, or immunity guaranteed under a constitution, statute or decisional law, or recognized as a result of long usage, constitutive of a legally enforceable claim of one person against the other. 4 For every right enjoyed by any person, there is a corresponding obligation on the part of another person to respect such right. Thus, Justice J.B.L. Reyes offers the definition given by Arias Ramos as a more complete definition: An obligation is a juridical relation whereby a person (called the creditor) may demand from another (called the debtor) the observance of a determinative conduct ( the giving, doing or not doing), and in case of breach, may demand satisfaction from the assets of the latter. 5 1Art. 1156 of the New Civil Code of the Philippines (NCC). Construction and Development Corporation vs. Phllippine Comme rcial International Bank. G.R. No. 153827, April 26, 2006. 3 Makatl Stock Exchange, Inc. et.al. vs. Miguel V. Campos substituted by Julia Ortigas Vda. De Campos, G.R o. 13881 4, April 16, 2009. 4 Rellosa vs Pe1Josis, G.R No. 138964, August 9, 2001, 362 SCRA 486. 5 Makati Stock Exchange, Inc. ct.al. vs. Miguel V. Campos substituted by Julia Ortigas Vda. D C mp . G.R. 1388 14, April 16, 2009. 2 Asian 1