Practice question
Under Article 1934, is an accepted promise to make a simple loan necessarily legally meaningless before delivery?
- Yes, because no promise ever binds
- No, the accepted promise is binding although the loan itself awaits delivery
- Yes, unless it is a gift
- Yes, if the lender is private
- Yes, because money cannot be loaned
Legal references
- Civil Code, Article 1934: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/53360
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