võlaõiguste
Võlaõiguste, a term originating from Estonian law, translates to "law of obligations." It encompasses the legal principles governing the creation, performance, and termination of legal relationships where one party (the debtor) is bound to perform a specific action for another party (the creditor). These obligations typically arise from contracts, torts, or unjust enrichment.
Contractual obligations are the most common type, stemming from agreements between two or more parties. These
Beyond contracts, obligations can also arise from wrongful acts, known as torts or delicts. If one party's
Unjust enrichment occurs when one party benefits unfairly at the expense of another without a legal basis.
The law of obligations is a fundamental area of private law, regulating the interactions and transactions between