Answered step by step
Verified Expert Solution
Question
1 Approved Answer
D owes C P100,000 payable after one year at 10% interest. It was agreed that the interest will be given to A to whom C
- D owes C P100,000 payable after one year at 10% interest. It was agreed that the interest will be given to A to whom C is indebted for the same amount.
a. What are the rights and obligations of A in this case?
b. What are the necessary requisites for the interest given to A to be considered a demandable stipulation pour atrui?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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
Problems And Materials On Commercial Law
Authors: Douglas J. Whaley, Stephen M. McJohn
12th Edition
1543825907, 978-1543825909
