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guishment of obligation True or False Part 2 1. The rationale for allowing the presumption of renunciation in the delivery of a public instrument is that, unlike that of a privge instrument, there could be just one copy of the evidence of credit. obligations. 4. The renunciation of the principal debt shall not extinguish the accesson 3. If the confusion takes place in the person of any of the guarantors, there is extinguishment of the principal obligation. 34. In a joint obligation, if the confusion takes place in one of the joint . 0 debtors, the principal obligation is entirely extinguished. 5. In payment by cession, what is ceded by the debtor is the universality of all his property. 6. If the thing is lost while in the possession of the debtor, it shall be conclusively presumed that the loss was due to his fault. or 100 7. Bad faith imports a dishonest purpose and conscious doing of wrong. phem 8. Bad faith is presumed. 9. The donation and acceptance of a movable, the value of which exceeds Istopsto P5,000,00, must be made in writing, otherwise the same shall be voidable. 109 : 10. Without the notice first announced to the persons interested in the fulfillment of the obligation, the consignation as a payment is voidable. 11. The fact that in previous year's payment in check was accepted will place its creditor in estoppel from requiring the debtor to pay his obligation in cash. 12. Payment in check by the debtor may be acceptable as valid, if no prompt "objection to said payment is made. 13. If, the consignation having been made, the creditor should authorize the debtor to withdraw the same, he shall lose every preference which he may have over the thing. 14. An obligation to pay money is generic; therefore it is excused by fortuitous loss of any specific property of the debtor. 15. The delivery of a public document evidenceng a credit, made voluntarily by the creditor to the debtor, implies the renunciation of the action which the former had against the latter. 16. Tender of payment may be judicial, while consignation is necessarily extrajudicial, and the priority of the first is the attempt to make a private settlement before proceeding to the solemnities of consignation. 17. There should be notice to the creditor only after consignation a required by the Civil Code. 18. The rationale for consignation is to avoid the performance of an obligation becoming more onerous to the debtor by reason of causes no imputable to him. 19. Tender of payment is not the antecedent of consignation. CS 20. Where the obligation consists in the payment of money, the failure of the Scannedebtonto make the payment even by reason of a fortuitous event sha not relieve him of his liability