Practice question
Under Article 2047, a guarantor binds oneself to the creditor to do what?
- Fulfill the principal debtor's obligation if that debtor fails
- Become owner of the creditor's assets
- Eliminate every debt automatically
- Serve as the creditor's public officer
- Pay every debt of every stranger
Legal references
- Civil Code Articles 2047–2057: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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