Philippine Bar review · Topic
Express and Implied Novation
Explore Express and Implied Novation in Novation for the Philippine Bar. Browse subtopics and published practice questions, then take a quiz or answer…
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Practice questions
- Which statement gives Article 1292’s standard for extinguishing an old obligation through a substitute?
- What best describes express extinctive novation?
- When may extinctive novation be implied under Article 1292 without an express declaration?
- A loan amendment changes only the payment venue, expressly retains the existing debt and security, and introduces no in…
- The parties validly agree: “The former delivery obligation is extinguished and replaced exclusively by this new service…
- An original agreement requires delivery of a particular generator. A later valid agreement states only that the same ge…
- A valid old obligation is followed by a purported substitute that is void. The parties did not intend the old relation …
- Explain the two routes to extinctive novation under Article 1292 and why a later amendment does not automatically estab…
- A creditor accepts an additional collateral undertaking that expressly preserves the original debt. No incompatible ter…
- A valid old duty is followed by a void purported substitute. Explain Article 1297’s default rule and its exception conc…
- Under 1299, what ordinarily happens to an old suspensive or resolutory condition in the new obligation?
- Under 1298, is novation ordinarily valid where the original obligation was void, absent the stated exceptions?