Study Tips: Law on Obligations and Contracts

Gaile Teves
| | 2 min read

Law on Obligations and Contracts, or Oblicon is a course designed to understand the relationship between obligations and contracts. The topic includes principles of legislation, contract limitations and interpretations, and others. 

If you come across any business student in the hallway, and find them studying on topics such as debtor and Civil Code, chances are they are preparing for their recitations on the Law of Obligations and Contracts. You may probably hear it as Oblicon.

This subject is required for all business students. When you first hear this subject, you might think it’s intimidating and difficult. It looks like it has full of legal jargon and lengthy articles that are difficult to understand. In reality, it is one of the most practical subjects that can be taken.

As long as you know how to understand the logic behind the articles presented in Oblicon, you will have an easier time. But, keep the basic concepts of obligations and contracts.

Law on Obligations and Contracts is definitely a  subject that requires hard work. However, don’t get overwhelmed. Study it effectively and you’re safe!

Study Tips on Law on Obligations and Contracts

#1 Have a list of definitions handy all the time

There aren’t many complicated legal terms to learn in Oblicon. However, you still need to know how to answer your professor when he asks you questions like “What is an obligation?”

You cannot simply say it in your own words. Make sure to provide the accurate context.. If you have a list of these definitions, you can review Oblicon easier. Plus, your recitations wouldn’t be nerve wracking.

#2 Practice and prepare for Oblicon recitations.

Repetition is key to learning. The more you try to test yourself, the faster you can master the subject. Furthermore, it helps if you don’t wait around for quizzes or exams to study.

You should always be ready for the lesson with at a good idea about the incoming lessons.

#3 Saying things out loud helps you remember better.

A study from the University of Waterloo in Ontario, Canada  finds that reading and speaking something out loud is a better way of remembering information. So, if you need to master a certain article or definition, it would be more effective to read it out loud.

In addition, it serves as a practice to your recitations. When you know how to say these out loud, you’ll be more comfortable in these lessons.

#4 Volunteer if you can.

Your professors like to ask around the class and check who is prepared for the lesson. If he asks for volunteers, don’t be afraid to put your hand up. Don’t worry if they call you “pabibo”. Your teacher knows who’s interested and prepared for the day.

They might even give you some bonus points for volunteering. If you have classmates that aren’t prepared, they might even thank you for taking the question.

If you’re currently preparing for this course, you may want to explore and watch the videos below.

Watch: Related Videos

OBLICON LECTURE – PART 1: GENERAL PROVISIONS (OBLIGATIONS)

Obligations Part 1: General Principles of Obligations

Gaile Teves

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