The definition of obligation in business law refers to contract laws that require a party to either do something or keep from doing something. One example is the obligation to repay a mortgage loan when you buy a house. ... Performance requirements are another example of a legal obligation.
In order for society to run smoothly there has to be the correct balance of social cohesion and social control. By social cohesion, Durkheim meant the extent to which people in society were bound together in common purpose.
