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Philippine Bar review · Question

Practice question: Legal and Judicial Bonds

Multiple Choice Easy

Practice question

May a judicial bondsman demand exhaustion of the principal debtor’s property under Article 2084?
  1. Yes, invariably.
  2. Yes, whenever the debtor owns land.
  3. Yes, if the bondsman later regrets signing.
  4. Yes, unless the creditor is a bank.
  5. No, Article 2084 denies that demand.

Legal references

  • https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html — Civil Code, articles 2056 and2082–2084.

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