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A borrowed P1 million from B. the loan was secured by a mortgage of A's land in favor of B. without the knowledge of A,
A borrowed P1 million from B. the loan was secured by a mortgage of A's land in favor of B. without the knowledge of A, C paid B the sum of P1Million for A's debt. A benefited to the amount of P1million. 1. May C claim reimbursement from A? 2. If so, how much? 3. If A cannot pay, may C foreclose the mortgage on A's land
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Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
9781118774113, 1118774116, 111803791X, 978-1118037911
