Philippine Bar review · Question

Practice question: Liquidated Damages

Essay Hard

Practice question

Distinguish the debtor’s ability to substitute payment of a penalty from the creditor’s ability to demand penalty and performance together.

Legal references

  • Civil Code, Articles 1226-1230, 1701-1703, 2224-2235: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html

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