Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

Mario and Super M are siblings. When both of their parents died when they were in their middle twenties (20's), they were given their fair

Mario and Super M are siblings. When both of their parents died when they were in their middle twenties (20's), they were given their fair share of inheritance. However , their parents also left with them an envelope containing instructions and deposited in a bank safety deposit box with the instructions at the bank to allow the opening of said envelope only after 25 years. After 25 years they went to the bank and opened the envelope where they found a certification of time deposit at the bank amounting to Php 50 million. There is an instruction at the envelope which says " You should divide this amount between you two with the 60% to be given to the one who is more prejudiced in life. If we are to apply Article 1196 how do they divide the 50 million, if in case: A)Mario and Super M are both professionals and they are both financially well. B)Mario is a CPA/Lawyer and Super M is an ordinary employee. C)Mario, before their parents died, suffered an accident which resulted in him not being able to use his left arm while Super M is very athletic and was always a varsity player

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

Statistics Informed Decisions Using Data

Authors: Michael Sullivan

5th Global Edition

9781292157115

Students also viewed these Law questions