Practice question
A debtor validly promises to repay P15,000 immediately, without any condition, period or intended extension. The debtor asks the creditor to wait solely because a celebration is approaching. Does that unilateral request suspend demandability?
- Yes, any request creates a binding period
- No, the pure debt remains immediately demandable absent a binding modification
- Yes, until the debtor announces readiness
- Yes, because all money obligations are conditional
- No, because the creditor automatically owns the debtor's home
Legal references
- Civil Code Articles 1169, 1179–1180 and 1193–1197: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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