Philippine Bar review · Topic
Nature and Extent
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- May a guaranty be constituted in favor of another guarantor even without that guarantor’s knowledge under Article2051?
- A person must furnish a guarantor and offers someone lacking capacity to bind herself and sufficient property. What doe…
- A simple or indefinite guaranty includes judicial costs under Article2055. Which costs does its express timing qualific…
- A creditor accepted a qualifying guarantor without requiring any particular named person. That guarantor later becomes …
- A creditor specifically required and stipulated that named Rosa be the guarantor. Rosa later becomes insolvent. The cre…
- Explain Article2055’s treatment of accessories and judicial costs in a simple or indefinite guaranty.
- Contrast Article2057’s general replacement rule with its specified-guarantor exception.
- A guaranty is entered into without the principal debtor’s knowledge. Identify Article2050’s reference and explain why p…