Compensation

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1. Under Article 1278, compensation generally involves which relationship?
2. For legal compensation under Article 1279, which statement about maturity and amount is correct?
3. What happens under Article 1290 when all legal-compensation requisites are present?
4. A owes B ₱90,000 and B owes A ₱35,000. Both are principal money debts in their own right, due, liquidated, and demandab…
5. C and D expressly and validly agree to compensate reciprocal debts before either becomes due. D says the agreement is i…
6. Faye owes Elena a matured loan. Faye asserts an alleged damages claim against Elena, but liability and amount are genui…
7. Gio must return money held as a depositary for Hana. Hana separately owes Gio a matured ordinary loan of the same amoun…
8. State the principal requisites of legal compensation under Article 1279 and its effect under Article 1290.
9. Jade and Kian validly agree to compensate debts not yet due. Compare this arrangement with legal compensation and expla…
10. Lio claims that a large, unproved damages demand automatically wipes out the liquidated debt Lio owes Mara. Explain the…
11. What 1280 exception may a guarantor assert?
12. Does different payment location alone prevent compensation under 1286?