(1) An obligation is a legal duty by which a person is bound to do or not to do a certain thing.
(2) Performance of an obligation for the delivery of money only is called payment.
Definitions
En
(1) An obligation is a legal duty by which a person is bound to do or not to do a certain thing.
(2) Performance of an obligation for the delivery of money only is called payment.
Official source: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.