Log In Create Account

Philippine Bar review · Question

Practice question: Liquidated Damages

Multiple Choice Easy

Practice question

Article 2227 requires what treatment of iniquitous or unconscionable liquidated damages?
  1. Equitable reduction
  2. Automatic enforcement of any amount without review
  3. Automatic cancellation of every unrelated contract
  4. A mandatory award of twice the stipulated amount
  5. Transfer of the creditor's property to the debtor

Legal references

  • Civil Code Articles 1228–1229, 2216 and 2226–2228: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html

Answer this question in flashcards to review your response and continue practicing.