Practice question
Under Article 2055, is guaranty presumed merely from friendship with the debtor?
- No, it must be express and cannot extend beyond its stipulations
- Yes, every friend guarantees all debts
- Yes, if friendship lasts one year
- Only a neighbor can be presumed guarantor
- Only the creditor's private wish matters
Legal references
- Civil Code Articles 2047–2057: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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