Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I will give you P10,000 as soon as possible. Statement 1 (S1). This is an obligation with a period for the benefit of both the

"I will give you P10,000 as soon as possible." Statement 1 (S1). This is an obligation with a period for the benefit of both the debtor and creditor. Statement 2 (S2): This is a conditional obligation that is void for it depends solely on debtor's will.

(A) both statements are true

(B) both are false

(C) only S1 is true

(D) only S2 is true

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Basic Finance An Introduction to Financial Institutions Investments and Management

Authors: Herbert B. Mayo

10th edition

1111820635, 978-1111820633

Students also viewed these Law questions

Question

=+ Describe the components. Which month was left out? Why?

Answered: 1 week ago