Practice question
What does the ordinary benefit of excussion under Article 2058 protect, subject to exceptions?
- The guarantor against compelled payment before exhaustion of the debtor's property and resort to legal remedies
- The debtor from ever paying principal
- The creditor's power to invent new debts
- The guarantor's automatic ownership of every security
- Every surety's unconditional right to refuse payment forever
Legal references
- Civil Code Articles 2058–2074: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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