Practice question
Three co-guarantors’ valid internal shares are 20%,30% and 50%. The first pays PHP100,000 on judicial demand and all 2073 conditions apply. What principal contributions may be claimed from the other two?
- PHP100,000 each automatically.
- Only equal thirds regardless of stipulated shares.
- Nothing because judicial demand is irrelevant.
- The payer may choose any amount.
- PHP30,000 and PHP50,000.
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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