alternative obligation
An obligation that can be satisfied in at least two different ways, at the choice of the obligor. — Also termed disjunctive obligation.
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An obligation that can be satisfied in at least two different ways, at the choice of the obligor. — Also termed disjunctive obligation.
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alternative obligation 选择性债务;选择之债 债务人可在两项行为中任择其一,完成其中任何一项,即为履行债务。例如,允诺交付某物或者支付一笔特定数额的金钱,即属该种债务。
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conjunctive obligation 并合的债务(义务、责任) 指合同中有数个以连系连词(如and)连接的标的,债务人应分别履行或承担责任;区别于选择性债务〔alternative obligation〕,后者有以转折连词(如or, but)连接的几个标的,债务人只须负选择履行的责任。
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A contract in which the performing party may elect to perform one of two or more specified acts to satisfy the obligation; a contract that provides more than one way for a party to complete performance, usu. permitting that party to choose the manner of performance. — Also termed alternative-methods-of-performance contract. [Cases: Contracts 172. C.J.S.
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electio est debitoris (i-lek-shee-oh est deb-i-tor-is). [Law Latin] Scots law. The debtor has the election or choice. • If the law provided alternative methods of fulfilling an obligation, the debtor could choose the method of payment. Cf. ELECTIO EST CREDITORIS.
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