Practice question
Under Article 2079, does a creditor's mere failure to demand payment after maturity by itself constitute the extension that releases a guarantor?
- Yes, in every case.
- Yes, after one day in every case.
- No, mere failure to demand is not itself that extension.
- Yes, if the debtor wants it.
- Yes, because every silence is a new contract.
Legal references
- https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html — Civil Code, Article 2079.
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