Practice question
A simple or indefinite guaranty includes judicial costs under Article2055. Which costs does its express timing qualification cover?
- Those incurred after the guarantor has been judicially required to pay
- Every cost from any earlier unrelated lawsuit
- Only costs incurred before the debt existed
- Only the guarantor’s private vacation costs
- No judicial costs can ever be included
Legal references
- Civil Code RA386: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html Articles1236–1237,2048,2050–2051,2055–2057.
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