Practice question
The debtor holds the choice between three specific things. Before any effective selection, all three are lost through the debtor's fault, and their values differ. Under Article 1204, what is the basis of indemnity?
- The value of the last thing lost, with other damages also possible
- Always the cheapest thing, regardless of sequence
- Always the sum of all three values as the minimum statutory measure
- No indemnity because alternatives once existed
- An amount selected solely by the debtor without legal limits
Legal references
- Civil Code Articles 1199–1206: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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