Question
1. Explain the Principle of Genus Nunquam Perit in relation to the Doctrine of Fortuitous Events. 2. May future negligence be waived? May future
1. Explain the Principle of " Genus Nunquam Perit" in relation to the Doctrine of Fortuitous Events.
2. May future negligence be waived? May future fraud be waived?
3. Case: Ronnie borrowed P50,000 from Mike payable after 5 months. Five months have lapsed and Ronnie failed to make good payments. Is Ronnie considered in delay and liable for interest? Justify your YES or NO.
PROVIDE CLEAR AND DETAILED EXPLANATION. NO PLAGRISM PLEASE. PROVIDE THE ARTICLE NUMBER RELEVANT. PROVIDE REFERENCE. 150 WRDS EACH PLEASE.
JURISDICTION: LAW ON OBLIGATIONS PHILIPPINES
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Andersons Business Law and the Legal Environment
Authors: David P. Twomey, Marianne M. Jennings, Stephanie M Greene
23rd edition
1305575083, 978-1305856516, 1305856511, 978-0357689868, 978-1305575080
