Practice question
Two solidary creditors have equal internal shares. One collects the full valid PHP100,000 debt. What 1215 accounting obligation is relevant?
- Keep everything solely because collection was valid.
- Pay the debtor an extra PHP100,000 without basis.
- Give all money to the clerk.
- Account to the other for that creditor’s PHP50,000 share.
- Erase the other creditor’s share unilaterally.
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
Answer this question in flashcards to review your response and continue practicing.