Practice question
Article 2227 requires what treatment of iniquitous or unconscionable liquidated damages?
- Equitable reduction
- Automatic enforcement of any amount without review
- Automatic cancellation of every unrelated contract
- A mandatory award of twice the stipulated amount
- 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
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