Principal Obligation

Principal Obligation in United States

Principal Obligation Definition

That obligation which arises from the principal object of the engagement which has been contracted between the parties. It differs from an accessory obligation. For example, in the sale of a horse, the principal obligation of the seller is to deliver the horse; the obligation to take care of him till delivered is an accessory engagement. Poth. Obi. note 182. By principal obligation is also understood the engagement of one who becomes bound for himself, and not for the benefit of another. Poth. Obi. note 186.

Principal Obligation in Foreign Legal Encyclopedias

Link Description
Principal Obligation Principal Obligation in the World Legal Encyclopedia.
Principal Obligation Principal Obligation in the European Legal Encyclopedia.
Principal Obligation Principal Obligation in the Asian Legal Encyclopedia.
Principal Obligation Principal Obligation in the UK Legal Encyclopedia.
Principal Obligation Principal Obligation in the Australian Legal Encyclopedia.

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Browse the American Encyclopedia of Law for Principal Obligation

Scan Principal Obligation in the appropriate area of law:

Link Description
Principal Obligation Principal Obligation in the Family Law Portal of the American Encyclopedia of Law.
Principal Obligation Principal Obligation in the IP Portal of the American Encyclopedia of Law.
Principal Obligation Principal Obligation in the Commercial Law Portal of the American Encyclopedia of Law.
Principal Obligation Principal Obligation in the Criminal Law Portal of the American Encyclopedia of Law.
Principal Obligation Principal Obligation in the Antritrust Portal of the American Encyclopedia of Law.
Principal Obligation Principal Obligation in the Bankruptcy Law Portal of the American Encyclopedia of Law.
Principal Obligation Principal Obligation in the Constitutional Law Portal of the American Encyclopedia of Law.
Principal Obligation Principal Obligation in the Tax Law Portal of the American Encyclopedia of Law.
Principal Obligation Principal Obligation in the and Finance and Banking Portal of the American Encyclopedia of Law.
Principal Obligation Principal Obligation in the Employment and Labor Portal of the American Encyclopedia of Law.
Principal Obligation Principal Obligation in the Personal Injury and Tort Portal of the American Encyclopedia of Law.
Principal Obligation Principal Obligation in the Environmental Law Portal of the American Encyclopedia of Law.

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Principal Obligation in the Dictionaries Principal Obligation in our legal dictionaries
http://lawi.us/principal-obligation The URI of Principal Obligation (more about URIs)
Principal Obligation related entries Find related entries of Principal Obligation

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Legal Issue for Attorneys

That obligation which arises from the principal object of the engagement which has been contracted between the parties. It differs from an accessory obligation. For example, in the sale of a horse, the principal obligation of the seller is to deliver the horse; the obligation to take care of him till delivered is an accessory engagement. Poth. Obi. note 182. By principal obligation is also understood the engagement of one who becomes bound for himself, and not for the benefit of another. Poth. Obi. note 186.

Notice

This definition of Principal Obligation is based on The Cyclopedic Law Dictionary. This entry needs to be proofread.


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