What is obligations mean?

obligations are those duties that one person has to perform towards another person under the law. This means that if a person fails to do something, it will be referred to as a breach of that obligation. Generally, the obligation is created by a legally binding agreement between the two parties.

What does obligations mean?

obligations are things that are owed by one person to another. They are claims that one person has on another individual or entity. Obligations are created by a contract, so if there is no contract, there is no obligation. One example of an obligation is a debt. If you owe someone money, that obligation is a debt. There are many different types of obligations, and each state has different laws regarding how they are resolved.

What is the definition of the word obligations?

Do you have an obligation? If you have a debt, then you have an obligation. The definition of an obligation is that you owe something to someone else. An obligation is a legal term that refers to a debt you owe to a person or entity.

What are the meaning of the word obligations?

The word obligation includes any action required of a person to another based on a mutual agreement. It involves promises and duties on both sides. Obligations are fair and reasonable. It’s not fair to ask your employee to do something that you are not willing to do yourself. This applies to both private and public service. Obligations are usually for the benefit of the other party.

What is the meaning of the word obligations?

An obligation is a legal term that refers to a debt that a person is required to pay. This debt could be for the payment of a debt that was owed to a previous owner, for example. This means that if you have an unpaid loan or bill that was accrued under the previous owner, the new owner of the property is legally bound to pay it.