INCLUDE ARTICLES NUMBER AS LEGAL BASIS. THANK YOU SO MUCH PO! 1. Leah is indebted to Trisha in the amount of P100,000.00. On due date, Leah delivered a property valued at P70,000.00 to Trisha explaining that she has no cash on hand. Has Leah's obligation been extinguished by way of Dacion en Pago? Explain your answer with legal basis. 2. Leah delivered to Trisha a solitaire ring for the latter to sell on commission basis. Trisha failed to sell it but could not return it either. She offered to return a diamond ring, but Leah refused. Trisha then filed a suit to compel Leah to accept the diamond ring. If you were the judge, would your rule in favor of Trisha? 3. Leah promised to deliver to Trisha a Ferrari car with Plate no. XYZ123 provided that she passes her board exam. However, due to a fortuitous event without the fault of Leah, the car was lost. If Trisha passes the board exam, can she compel Leah to deliver the car? Why or why not. Explain your answer with legal basis. 4. Leah owes Trisha the amount of P100,000.00. Without Leah's knowledge and consent, Trisha and Kimmy entered into an agreement whereby Kimmy assumed Leah's obligation. Kimmy, however, turned out to be insolvent. What is the effect of Kimmy's insolvency in relation to Leah's obligation. Explain. 5. Suppose in the above problem, it was Leah who proposes to Kimmy and Trisha accepted the same. However, Leah and Kimmy turned out to insolvent, would Leah's obligation be revived? Why or why not? Explain your answer. 6. Leah borrowed money from Trisha in the amount of P100,000.00. 10 days after, Trisha went to Leah and delivered to the latter the promissory note Leah issued to Trisha. What is the effect of the delivery of the promissory note? Explain your answer with legal basis. 7. Leah borrowed money from Trisha in the amount of P100,000.00 secured by a real estate mortgage. Trisha renounced her right over the mortgage. Can she still demand the payment of the obligation. Why or why not? Explain your answer with legal basis