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

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