Practice question
A creditor granted a period specifically in consideration of a stated undertaking. The debtor breaches it, satisfying 1198(4), with no contrary basis. May the debtor rely solely on the original calendar date as absolute protection?
- Yes; acceleration is legally impossible in every case.
- Only the debtor may choose which provision applies.
- The creditor must cancel the whole debt instead.
- No; the stated ground can cause loss of the period’s benefit.
- Breach necessarily makes the debt a donation.
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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