Question
INSTRUCTIONS : This activity consists of five (6) numbers. Read each question very carefully before answering.Answer SEQUENTIALLY, clearly and concisely. Do not repeat the question.State
INSTRUCTIONS: This activity consists of five (6) numbers. Read each question very carefully before answering.Answer SEQUENTIALLY, clearly and concisely. Do not repeat the question.State the legal bases of your answers.You will be given credit for your knowledge of legal doctrine and for the quality of your legal reasoning. A mere "Yes" or "No" answer without any corresponding discussion will not be given any credit. Submit your answers in a PDF Form or MS Word or Google Docs and attach it to the google classroom. Please do not forget to turn in your activity.
1.Nica borrowed P20,000 from Thea payable on or before December 30, 2016. Before the arrival of the due date, Thea agreed to the promise of Nica to pay her (Thea) if Nica wants. Can Thea insist that Nica pay not later than December 30, 2016? What kind of obligation is this? Explain. (3%)
2.What is the effect of the fulfillment of the condition in a conditional obligation? (2%)
3.May an obligor be liable under an obligation subject to a suspensive condition although the condition has not yet been fulfilled? Explain. (2%)
4.Cyla binds herself to pay Erin a sum of money. Give the three (3) cases or instances when the obligation of Cyla is demandable at once by Erin? (3%)
5.X,Y, and Z bind themselves to pay W P30,000. Only X received the money as per agreement between X,Y, and Z. On the due date of the obligation, has W the right to demand the full payment of P30,000 from Z alone? (3%)
6.X,Y and Z promised to pay W solidarily P30,000 on or before September 10 without the need of demand. On September 9, X paid the whole P30,000 to W. How much can X collect from Y and Z? (2%)
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