What is the Law of Obligations?
The law of obligations regulates the debt relations between persons. As a rule, the source of the debt can be law, contract or unlawful act. The law of obligations regulates these sources of debt, the type of responsibility they create and the consequences. The Code of Obligations, which is the main source of the law of obligations, consists of two basic parts; the first part is called general provisions and consists of provisions applicable to almost every debt relationship, the second section is named as special provisions and various types of contracts and their specific provisions are regulated. In addition to the contracts included in the Code of Obligations, atypical and mixed contracts are included in the regulation of the law of obligations. The Convention shall be established by mutual and mutual consent of the parties. The general terms and conditions of the Code of Obligations can be defined as the provisions of the contract that the organizer presents to the other party in advance, by using the contractor in advance, in order to use it in a number of similar contracts. Representation, the conduct of the wrongful conduct and the consequences, flawed actions as the source of responsibility and the flawless responsibility cases with exceptional qualifications, debt relations arising out of unjust enrichment, performance of liabilities, types of debt, interest, default are the main issues examined in the law of default. Other indebtedness, attachment and withdrawal money, penalty condition, transfer of receivables, taking over debt, joining the debt, other structures dealt with in detail in the law of obligations.
