Practice question
Two principals grant a power for a common transaction. One revokes it within 1925 and no different legal impediment applies. Must the other principal’s consent always be obtained under that article?
- Yes; the text always requires unanimity.
- Only the agent may revoke it.
- Every common power is perpetual.
- The revoking principal necessarily loses all property.
- No;1925 expressly allows the stated individual revocation.
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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