Practice question
Can a debtor simply pay a contractual penalty instead of performing, without an express reservation of that option?
- Yes, every penalty automatically creates an option
- No
- Yes, performance is always optional
- Yes, only the debtor defines the creditor’s rights
- Yes, every penalty cancels the contract
Legal references
- Civil Code, Articles 1226-1230, 1701-1703, 2224-2235: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
Answer this question in flashcards to review your response and continue practicing.