Practice question
A courier holds a credit document for delivery but has acquired none of the creditor’s rights. The courier also happens to owe that creditor money. Does paper custody alone create 1275 confusion?
- Yes; possession of any paper always cancels debts.
- Only the courier’s delivery fee matters.
- Every messenger automatically is an assignee.
- The court must treat custody as ownership without proof.
- No; the creditor character has not been transferred to the courier.
Legal references
- Civil Code Articles748,1236-1237,1270-1299 and1302: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
- RA11232 Section2, separate corporate entity: https://lawphil.net/statutes/repacts/ra2019/ra_11232_2019.html
Answer this question in flashcards to review your response and continue practicing.