Philippine Bar review · Topic
Interest
Explore Interest in Mutuum for the Philippine Bar. Browse subtopics and published practice questions, then take a quiz or answer flashcards.
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Practice questions
- Under Article 1956, conventional interest for the use of loaned money must be what?
- What legal-interest rate took effect on July 1, 2013 under the framework applied in Nacar?
- Under Lara's Gifts, is a written stipulated interest rate immune from review merely because both parties signed?
- A loan contains no written stipulation for conventional interest. Before maturity and before default, the lender demand…
- A P100,000 money loan has no stipulated conventional or default interest. The due debt remains unpaid after proper dema…
- A lender sues on an interest-free loan after established legal delay. The borrower invokes Article 1956 to argue that n…
- A court evaluates a challenged stipulated rate. One party argues that all rates above the legal rate are necessarily un…
- Distinguish conventional interest from compensatory interest for delay, including the roles of Articles 1956 and 2209.
- Explain the six-percent legal-rate rule from July 1, 2013 and why it does not mean that every lawful written interest s…
- Does Article 1959 support a blanket statement that unpaid interest can never earn interest? Explain its express qualifi…
- Under Article1958, interest payable in kind is valued by what reference?
- What contractual mechanism does Article1959 expressly permit for due and unpaid interest?