Practice question
Does a written penal clause become enforceable before it is legally demandable merely because it exists in the contract?
- No
- Always
- Only if printed in bold
- Only if the creditor is wealthy
- Only if signed on a Friday
Legal references
- Civil Code, Articles 1209-1210,1223-1230,1238-1243,1266-1268 and1423-1430: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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