|Civil Code Article 542June 19, 2019|
If the mandatory has used for his own interests money which he shall have delivered to his principal or to have used in the interests of the principal, he shall pay interest thereon from the date when he used it for his own interests. He shall also compensate for the injury, if any.
|Civil Code Article 1152Jan. 20, 2021|
In regard to the property in common provided by the preceding Article, the heirs may elect a person among themselves for its management.
|Civil Code Article 205Jan. 20, 2021|
If the agreed rate of interest exceeds sixteen percent (16%) per annum, the exceeded part of the agreement is invalid.
|Civil Code Article 178June 19, 2019|
If the management of the affair is acknowledged by the principal, unless otherwise expressed by the parties, from the beginning of the management, the provisions concerning Mandate shall be applied.
|Civil Code Article 203June 19, 2019|
In the case of a debt bearing interest, if no rate has been fixed by the contract or by the act, the rate shall be five percent (5%) per annum.
|Civil Code Article 204June 19, 2019|
If the agreed rate of interest is over twelve percent (12%) per annum, the debtor may at any time after one year has elapsed discharge the capital, but he shall notify the creditor one month before. "The right of discharge specified in the preceding paragraph shall not be excluded or limited by the contract.
|Civil Code Article 206June 19, 2019|
The creditor shall not cunningly obtain interests by discounting or by any other way, except the interest specified in the preceding article.
|Civil Code Article 207June 19, 2019|
Interest shall not be added to capital and again bear interest; unless otherwise agreed by the parties in writing that the creditor may add interest to the capital after interest has been in arrears for more than one year and has not been paid notwithstanding the demand of the creditor. "The provision of the preceding paragraph does not apply in case there is a different trade custom.
|Civil Code Article 213June 19, 2019|
Unless otherwise provided by the act or by the contract, a person who is bound to make compensation for an injury shall restore the injured party to the status quo before the injury. "If the restoration of the status quo ante shall be paid in money, interest shall be added from the time of the injury. "Under the circumstances of the first paragraph, the creditor may claim the necessary expenses for restoration instead of the restoration.
|Civil Code Article 214June 19, 2019|
If the person who is bound for the restoration of the status quo ante does not perform his obligation within a reasonable period fixed by the creditor, the latter may claim compensation in money for the injury sustained.
|Civil Code Article 215June 19, 2019|
If it is impossible or obviously and greatly difficult for the restoration of the status quo ante, the injury sustained shall be compensated in money.
|Civil Code Article 216June 19, 2019|
Unless otherwise provided by the act or by the contract, the compensation shall be limited to the injury actually suffered and the interests which have been lost. "Interests which could have been normally expected are deemed to be the interests which have been lost, according to the ordinary course of things, the decided projects, equipment, or other particular circumstances.
|Civil Code Article 217June 19, 2019|
If the injured person has negligently contributed in causing or aggravating the injury, the court may reduce or release the amount of the compensation. "If the reason of a grave injury was unknown to the debtor and the injured person has omitted to call the attention of the debtor beforehand, or to avert, or mitigate the injury, the injured person will be deemed to be negligently contributed in the injury. "The provisions of the preceding two paragraphs shall apply mutatis mutandis to the situation when the agent of the injured person or the person performing the obligation for the injured person has negligently contributed to the injury.
|Civil Code Article 218June 19, 2019|
When the injury was not caused intentionally or grossly negligently, and if the compensation would gravely affect the livelihood of the person responsible for it, the court may reduce the amount of the compensation.
|Civil Code Article 558June 19, 2019|
A commercial agent is a person who, are not a manager, is commissioned by a firm to deal with the whole or a part of the affairs, in the name of the firm, in a specified place or area. "As regard to third parties the commercial agent is deemed to have a power to do whatever is necessary for the affairs which he is commissioned. "A commercial agent shall not bear the duty of the note or loan for consumption or file an action in court, unless he has been authorized in written form.
|Civil Code Article 577June 19, 2019|
In addition to the provisions contained in the present title, the provisions concerning Mandate shall apply to the Commission Agency as well.
|Civil Code Article 578June 19, 2019|
The commission agent personally acquires rights against and incurs obligations towards the parties with whom he transacts business on account of the principal.
|Civil Code Article 680June 19, 2019|
The provisions of Articles 537 to 546 concerning Mandate shall apply mutatis mutandis to the dealing of the affairs of the partnership by its partners.
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Provided by Kingdoms Law