Philippine Bar review · Question

Practice question: Extinguishment

Multiple Choice Hard

Practice question

An agent dies holding important principal documents. The heirs know urgent protective steps are needed but claim 1932 makes them owners instead of requiring notification or care. Which is correct?
  1. Every agency asset automatically passes to agent heirs as their own.
  2. They must give the stated notice and adopt the circumstances-demanded protective measures.
  3. Only a court clerk may inform the principal.
  4. The heirs may destroy the documents freely.
  5. The principal necessarily loses every existing right.

Legal references

  • Civil Code Articles1649-1652,1663-1668,1870-1875,1890-1893 and1921-1932: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html

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