Contractual Agreements Involving More Than One Debtor and/or Creditor
In our discussion so far it has been assumed, mainly for reasons of convenience, that a contractual agreement involved one creditor and one debtor.
This limitation was not always a uniform feature of contracts, however, as there could be more than one creditor or debtor as well as a plurality of creditors and debtors in respect of a particular obligation.[663] If the relevant performance was divisible, i.e. could be carried out in instalments without altering its character as in the case of money or other consumable goods, the obligation was divided into as many separate obligations as there were creditors and/or debtors. In effect, each debtor was obliged to fulfil only a pro rata share of the performance whilst each creditor was entitled only to a pro rata share of the performance.[664]On the other hand, if the performance was indivisible as illustrated where it consisted in the construction of a building or the creation of a servitude, each debtor was obliged to render full performance and each creditor was entitled to the whole of that which was due. In such cases there was only one obligation and the liability of the parties relating thereto was a liability to render full performance (in solidum).[665] However, as soon as the whole performance had been accomplished by one of the debtors, or to one of the creditors, the obligation was deemed terminated and thereby the other debtors were discharged and the other creditors had no further claim. The debtor who had tendered full performance had a right of recourse against his fellow-debtors, and the creditor in favour of whom the performance was made had to share that which he had received with his fellow-creditors. It should be noted, however, that the precise nature of the right of recourse depended upon the legal relationship that existed between the contracting parties.[666]
4.3.9
More on the topic Contractual Agreements Involving More Than One Debtor and/or Creditor:
- Contractual Agreements in Favour of a Third Party
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- Real contracts (contractus re) were agreements that became operative and binding on the transfer of possession or physical control of a tangible thing (res corporalis).
- Contractual proprietary interests
- Contractual Liability
- We have thus far been discussing the content and creation of contractual obligations.
- 1. Error and contractual theory
- Other Types of Contractual Relationship
- Other Quasi-Contractual Condictiones
- The origin of contractual liability
- Innominate contracts and the contractual scheme
- APPENDIX I. THE RELATION OF THE CONTRACTUAL ACTIONS ADIECTITIAE QUALITATIS TO THE THEORY OF REPRESENTATION.