Practice question
A creditor voluntarily accepts land in payment of the principal debt. The creditor later loses the land through eviction. Under Article 2077, what is the result for the guarantor?
- The guarantor always becomes owner of the land.
- The guarantor automatically owes twice the debt.
- The guarantor's liability always revives merely because of eviction.
- The guarantor must finance all the creditor's other cases.
- The guarantor is released despite the later eviction.
Legal references
- https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html — Civil Code, Article 2077.
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