Question
Situational questions.Every answer must be supported with a legal basis. LAW ON OBLIGATION 1. A, B, and C are the joint creditors of Y and
Situational questions.Every answer must be supported with a legal basis. LAW ON OBLIGATION
1. A, B, and C are the joint creditors of Y and Z who are solidary debtors in the amount of P30,000.00. How much A, B, or C could collect from Y?
2. When the period is "on or before the date", the debtor may perform his obligation even before the period arrives.Why?
3. A obliged himself to give B a determinate car upon the death of B's father.What is the nature of A's obligation?
4. Refer to Qs No. 3, will your answer be the same if A will give B a determinate car if B's father died of Tubercolosis (TB)?
Situational questions.Every answer must be supported with a legal basis. LAW ON OBLIGATION
1. X is indebted to Y for Php1,000.00.X then alienated to Y his brand new bag as payment.Will this alienation immediately takes effect of payment?
2. X obliges himself to give Y a particular car on January 5, 2020.However, the said car was totally wrecked in an accident involving X on January 2, 2020.What is the implication of the total loss of the car as to the obligation of X?
3. X is indebted to Y for Php1 Million.Y, being a good friend, informed X that he is condoning the debt of X.Will this unilateral offer of condonation of Y immediately result in the extinguishment of obligation of X?
4. Is death a mode of extinguishing obligation?
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