Question
Law on obligations and contracts: 1. Kee owes Cee 10,000. Cee owes Kee 10,000. Can legal compensation takes place ? Why? 2. D obtained a
Law on obligations and contracts:
1. Kee owes Cee 10,000. Cee owes Kee 10,000. Can legal compensation takes place ? Why?
2. D obtained a loan of 30,000 from C with G as guarantor. C, on the other hand, owes G 30,000. Both debts are due. Can legal compensation takes place between D and C? Why or why not?
3. A owes B 50,000. Subsequently, A proposed to B that C will assume his (A's) debt. B accepted the proposal of A. Can novation takes place? Why or why not?
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Business Law and the Legal Environment
Authors: Susan S. Samuelson, Jeffrey F. Beatty
7th edition
1285860381, 978-1305445864, 1305445864, 978-0357689646, 978-1285860381
