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1. A, in dire need of money, obtained a loan of Php100,000 from B payable with 20% interest per month. The term of the loan

1. A, in dire need of money, obtained a loan of Php100,000 from B payable with 20% interest per month. The term of the loan is 6 months. On due date, A paid the loan with the agreed interest. Is the contract valid, voidable, rescissible, unenforceable, void or inexistent? Explain

2. Can A recover anything form B? Explain

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