Philippine Bar review · Topic

Nature and Extent

Explore Nature and Extent 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. Under Article 2047, a guarantor binds oneself to the creditor to do what?
  2. When a person binds oneself solidarily with the principal debtor, Article 2047 calls the arrangement what?
  3. Under Article 2055, is guaranty presumed merely from friendship with the debtor?
  4. A guarantor validly limits a P500,000 principal debt guaranty to P100,000. The creditor argues every guarantor must cov…
  5. A guaranty secures future debts whose amounts are not yet known. A creditor demands payment before any such debt is liq…
  6. A debtor owes P300,000 under specified conditions. A guaranty purports to bind the guarantor for P500,000 on more onero…
  7. A creditor argues that a guaranty is automatically invalid whenever the principal agreement is voidable or unenforceabl…
  8. Distinguish guaranty from suretyship under Article 2047 without assuming that every document labeled 'guaranty' necessa…
  9. Explain the expressness and scope rules governing guaranty, including lesser and excessive undertakings.
  10. Discuss Article 2053's treatment of future debts and conditional obligations, distinguishing creation of security from …
  11. What is the default compensation character of guaranty under Article2048?
  12. Article2051 expressly recognizes guaranty originating in which categories?