Practice question
A person delivers jewelry to a friend principally for safekeeping and return, without any fee or storage business. Which classification fits the stated arrangement?
- A voluntary gratuitous deposit
- An automatic sale
- A judicial sequestration solely because jewelry is valuable
- A mutuum requiring return only of equivalent money
- A gift without a return obligation
Legal references
- Civil Code Articles 1962–1969, 1978, 1980, 1996–1998 and 2005–2006: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
Answer this question in flashcards to review your response and continue practicing.