Practice question
What is the default compensation character of guaranty under Article2048?
- Gratuitous unless otherwise stipulated
- Always remunerated by statute
- Always a sale of land
- Always a lease of work
- Always a paid insurance policy
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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