Question
A borrowed money from B, and pledged a medal with diamonds as security. It was agreed that A was to pay the money loaned with
A borrowed money from B, and pledged a medal with diamonds as security. It was agreed that A was to pay the money loaned with interest at the end of one year.
Question: Before the expiration of the one-year period, is A allowed to pay his debt and recover the medal pledged?
Group of answer choices
Generally, NO because it is understood that the period of one year is established for the benefit of both the debtor and the creditor.
As a matter of exception, YES because the debt can be onerous.
As a matter of exception, NO because there was no demand yet.
Generally, YES because B gave his consent to pre-pay the obligation.
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