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Contracts
Every obligation consists of giving, doing, or not doing something. The Civil Code establishes the sources of obligations in Puerto Rico, namely: the law, contracts, quasi-contracts, and unlawful acts or omissions involving any kind of fault or negligence.
Obligations arising from contracts have the force of law between the contracting parties.
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A person harmed by a breach of obligation generally has the right to demand termination or return to the condition prior to the contract, or has the right to demand specific performance. A person who breaches an obligation or who acts with fraud, negligence, or delay in performing an obligation has the duty to compensate the other contracting party.
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Stability in contracting and the fulfillment of obligations is essential for legal and economic security. Personal or business success may depend on a well-drafted contract.
The Emmanuelli Law Firm has the knowledge and experience to advise, negotiate, draft, and litigate contract disputes.
