Practice question
Does Article 1267 permit release in part as well as in whole when its strict requirements are met?
- Never
- Yes
- Only if the creditor is a corporation
- Only if the contract is oral
- Only if no future performance exists
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
- Spouses Poon v. Prime Savings Bank, G.R. No.183794, June 13, 2016, MAIN decision, exceptional difficulty: https://lawphil.net/judjuris/juri2016/jun2016/gr_183794_2016.html
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