Civil Transactions Law

1. If a person undertakes to commit a third party to a particular obligation, such party shall not be bound thereby. 2. If the third party consents to be bound by the undertaking, the consent shall take effect only from the time it is made, unless it appears that the consent was explicitly or implicitly intended to take effect as of the time the undertaking was made. 3. If the third party refuses to be bound by the undertaking, the obligor shall compensate the obligee if compensation is justified. The obligor may avoid such compensation by performing his undertaking, if possible.