Practice question
Under Article 1962, what is the principal purpose of an ordinary deposit?
- Safekeeping of the thing received with an obligation to return it
- Automatic transfer of ownership for consumption
- Sale to the highest bidder
- Compulsory donation
- Only earning loan interest
Legal references
- Civil Code, Articles 1159,1191,1249,1308,1314-1316,1319,1322-1326,1933-1934,1962 and1980: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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