Practice question
An adult creditor knowingly releases a disposable personal contractual right in an otherwise valid waiver. All required formalities are satisfied, and no legal, public-policy, moral or protected third-person objection exists. Does Article 6 categorically prohibit waiver merely because the right has value?
- Yes, because valuable rights can never be waived.
- Yes, because every contractual right is mandatory.
- Yes, because only courts may ever relinquish rights.
- No. Article 6 permits waiver subject to its limitations.
- No, because every waiver is automatically valid regardless of facts.
Legal references
- Civil Code Article6; https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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