Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A owes B the sum of P1million. C is the guarantor of A. A was able to pay B thee sum of P400,000. Therefore, P600,000
A owes B the sum of P1million. C is the guarantor of A. A was able to pay B thee sum of P400,000. Therefore, P600,000 still remains unpaid. D, thinking that A still owed B P1million paid P1million to B, against the will of A.
- May D recover from A?
- If so, how much?
- If A cannot pay, may D proceed against the guarantor C?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started