Answer the following questions. Use the ALAC method of answering.

USE ALAC METHOD

1. Mark is a businessman who earns a substantial amount of income but does not pay taxes. His reasoning in not paying is that he does not consent to the obligation to pay taxes to the government. Is Mark correct? Why or why not?

2. Prince borrowed P10,000 from Harold. However, Prince does not pay and eventually, the obligation has prescribed. 1 month after the obligation was prescribed, Harold demanded Prince to pay the P10,000 loan. If you were Prince, will you pay the loan?

3. Michelle is obliged to deliver a specific mirror to Keith. On July 05, 2022, Keith demanded the delivery of the mirror, but Michelle did not comply. On July 10, 2022, the mirror was destroyed due to a fortuitous event. What are the remedies available to Keith?

here's the given reference for ALAC METHOD:

https://youtu.be/_Tn2koTjork

Note:

-No legal basis outside oblicon -No opinions -the shorter the better