What is the Meaning & Definition of obligations

The term obligations represents the plural of the word obligation. Obligation is understood, on the one hand, the situation in which an individual has to give, do or not do something according to the moral that observes and maintains. And on the other hand, obligation is also the dedication that a person gives to a particular issue or activity that deserves and is set to perform.
Meanwhile, the term obligation has a special presence in various contexts such as concerning morality and the law.
On the right a legal obligation is the link through which the two parties involved, creditor and debtor, are tied, implying such a relationship that the indebted part shall comply with the provision subject to the obligation. The obligation may consist of give, do, not do something in the interest of the other party which is the creditor. The law of obligations is the branch of law that deals with everything that has to do with the legal obligations.

A legal obligation has three elements: subject, object, and cause. In the case of the subjects they are two, active (creditor) and passive (debtor), the first has the right to ask for timely compliance with the obligation to have arranged and the second has the duty to comply with the obligation contracted with the first.
The object of an obligation may consist of giving a certain thing, do or run a conduct or otherwise and the cause is not another thing that the end to the intervening parties an obligation pursued and were proposed to carry out the obligation.
The modes through which an obligation can be terminated include: compensation, confusion, novation, payment, cancellation, any contractual imprecision, death of one of the two parts, expiration, revocation, extinction, among other issues.
On the other hand, at the behest of the moral, the moral obligation is understood as that pressure exerted upon why the will when faced with a certain value. When individuals perceive a value through our intelligence, this will propose you to will the realization of the value in question. Intelligence without interfering with free will see the need and proposes to the will that concrete it or perform.