Description
The legal procedures that regulate the rights and duties arising between individuals.
Alternative labels
rule of obligation
legislation of obligation
laws of obligation
laws of obligations
law of obligations
regulation of obligation
statute of obligation
Skill type
knowledge
Skill reusability level
cross-sector
Relationships with occupations
Essential knowledge
Law of obligation is an essential knowledge of the following occupations:
Retail entrepreneur: Retail entrepreneurs organise business processes and concepts in his/her personally owned business.
Optional knowledge
Law of obligation is optional for these occupations. This means knowing this knowledge may be an asset for career advancement if you are in one of these occupations.
Debt collector: Debt collectors compile debt owned to the organisation or third parties, mostly in cases when the debt is past its due date.
References
- Law of obligation – ESCO