REPLACING PERSONS IN AN OBLIGATION
REPLACING PERSONS IN AN OBLIGATION

Summary/Abstract: The law of obligations is the fundamental basis of Roman civil law, which regulates various kinds of property relations, both in the sphere of production and in the sphere of civil circulation. Some researchers have argued that the origins of obligations should be found in the customs of primitive peoples, when people gave gifts to each other during ceremonies. Gradually, the habit of giving gifts turned into a duty, and if a person received something and did not give anything in return, a feeling of injustice arose. In the classical era, trade in the Roman state was widespread. For the development of trade, it was necessary to practice loans at interest, which required a significant spread of usurious relations in Rome. All these operations, used by merchants, constituted the institution of obligations. Obligation is a shackle of a legal nature, forcing something to be performed in accordance with the adopted and current laws of the state.

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