Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

May an obligation be joint on the side of creditors and solidary on the side of the debtors, or vice versa? Group of answer choices

May an obligation be joint on the side of creditors and solidary on the side of the debtors, or vice versa?

Group of answer choices

NO because the law prohibits confusing relationship between debtors and creditors.

YES because there is no prohibition under the law.

YES because solidarity is never resumed and the general rule is that the relationship would always be joint, absent any stipulation to the contrary.

NO because parties are not free to stipulate their relationship since everything must be in accordance with the law.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Financial Accounting Objective Questions And Explanations

Authors: Irvin N. Gleim

7th Edition

0917539664, 978-0917539664

More Books

Students also viewed these Accounting questions