Practice question
Parties agree on commodatum of a particular tool, but the tool has not been delivered. Does the agreement alone perfect the commodatum itself?
- Yes, every contract is consensual
- Yes, because the tool is valuable
- No, the commodatum itself requires delivery, while an accepted promise may bind under Article 1934
- No, and no promise can ever have legal effect
- Yes, if the owner says the word “loan”
Legal references
- Civil Code, Articles 1316 and 1934: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/53360
Answer this question in flashcards to review your response and continue practicing.