Practice question
Under 1204, last-thing value is PHP20,000 and separate recoverable damage is competently established at PHP3,000. No duplication or other adjustment applies. Is recovery necessarily capped at PHP20,000 solely by that article?
- Yes; other damages are expressly prohibited.
- Only the debtor’s preferred amount may be used.
- The creditor automatically receives every asset.
- The last thing’s value must always be ignored.
- No; the additional proved damages may also be awarded.
Legal references
- Civil Code Articles1163-1166,1170,1179,1188-1190,1196-1198,1200-1205 and1211-1222: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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