Section 500
To Bear Compensation For Failure To Fulfill Obligation
(1) If a
person bound to fulfill any obligation fails to fulfill it or delays its
fulfillment, and thereby a loss or damage is caused to any other
person in any manner, such a person shall bear compensation for
the actual loss or damage so caused.
(2) If a person bound to fulfill any obligation does not
fulfill it by fraud or does any act knowingly or recklessly, thereby
any loss or damage is caused in any manner, such a person shall
bear compensation for the loss or damage so caused.