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33.On October 4, 2018 , A is indebted to B for P50,000 for a 20-day period. A proposed to B that X will pay A's

33.On October 4, 2018 , A is indebted to B for P50,000 for a 20-day period. A proposed to B that X will pay A's debt and that A will be free from all liabilities. B and X agree to the proposal. On October 25, 2015, X became insolvent. At the time of delegation, X was already insolvent but this was not known to A. The insolvency is not public knowledge. So B sues A on the ground that it was A who made then proposal that A guaranteed X's solvency. Decide.

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A is liable because he is presumed to have guaranteed X's solvency.

A is not liable because he does not know the insolvency of X at the time of delegation and neither was the insolvency of public knowledge.

A is liable because he did not exercise due diligence in determining the insolvency of X.

A is liable because X agree to the proposal to make himself solidarity liable for the obligation.

34. S and B orally agree that S would sell and would buy S's radio for P400, two years from the date of the agreement. At the end of the two-year period, S refused to deliver the radio although B was willing to pay.

Group of answer choices

The object is movable, oral contract is enforceable.

No statute of fraud because the price is less than P500.

The contract falls under the Statute of Frauds, therefore, unenforceable.

B can compel S to deliver because B is willing to pay the price.

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