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