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Philippine Bar review · Question

Practice question: Effects

Multiple Choice Hard

Practice question

A guarantor proves reasonable grounds to fear absconding under 2071 but has paid nothing. It demands reimbursement of the whole debt as though payment occurred. Which distinction matters?
  1. Fear automatically proves full payment.
  2. The pre-payment article provides release or protective security, not automatic reimbursement of an unspent debt.
  3. Every protective action transfers the entire debt to the guarantor.
  4. The principal must pay any invented amount.
  5. No security can ever be ordered.

Legal references

  • Civil Code Articles2052,2056-2057,2066,2071-2084 and2126-2130: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html

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