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VERY URGENT! PLEASE HELP! Instructions: On the left side of the table, explain each of the Article of the Civil Code of the Philippines in

VERY URGENT! PLEASE HELP!

Instructions:

  • On the left side of the table, explain each of theArticle of the Civil Code of the Philippinesin y.our o.wn words.
  • Then, on the right side of the table, explain thedistinction of the PPSA from EACH of the Articleon the left side.
  • Make sure that you fill up all the boxes following the instructions above.

Table:

Civil Code of the Philippines

(Old Law)

Personal Property Security Act

(New Law)

Article 2091

Article 2092

CIVIL CODE OF THE PHILIPPINES:

  • Article 2091.The contract of pledge or mortgage may secure all kinds of obligations, be they pure or subject to a suspensive or resolutory condition. (1861)
  • Article 2092.A promise to constitute a pledge or mortgage gives rise only to a personal action between the contracting parties, without prejudice to the criminal responsibility incurred by him who defrauds another, by offering in pledge or mortgage as unencumbered, things which he knew were subject to some burden, or by misrepresenting himself to be the owner of the same. (1862)

NOTE: NO PLAG.IARISM. ANSWERS SHOULD BE WRIT.TEN IN YOUR O.WN WORD.S AND IT SHOULD BE ORI.GINAL.

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