Philippine Bar review · Topic

Extinguishment

Explore Extinguishment in Guaranty and Suretyship for the Philippine Bar. Browse subtopics and published practice questions, then take a quiz or answer…

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Practice questions

  1. What general rule does Article 2076 state about extinguishment of a guarantor's obligation?
  2. Under Article 2079, does a creditor's mere failure to demand payment after maturity by itself constitute the extension …
  3. Under Article 2081, which defenses may the guarantor invoke against the creditor?
  4. A creditor voluntarily accepts land in payment of the principal debt. The creditor later loses the land through evictio…
  5. A creditor releases one co-guarantor's P20,000 share without the others' consent. Under Article 2078, how does this aff…
  6. After a loan matures, the creditor and debtor validly agree to a new binding payment period. The ordinary guarantor did…
  7. A creditor commits an act that is proved to prevent guarantors from being subrogated to the creditor's rights, mortgage…
  8. Distinguish an actual extension of time granted to the principal debtor without the guarantor's consent from a creditor…
  9. A creditor releases one co-guarantor without the other guarantors' consent. Explain Article 2078's effect and why it do…
  10. A guarantor asserts that every defense personal to the principal debtor can automatically be used against the creditor.…
  11. Does full valid payment of the only principal debt ordinarily leave an accessory guaranty collectible for that same unp…
  12. Does 2080’s stated release require the relevant prevention through an act of the creditor?