Practice question
A mortgage’s statutory scope is disputed after insured destruction. The relevant insurance indemnity falls within 2127, with all legal qualifications met. The mortgagor argues insurance proceeds can never be within mortgage scope. Which is best?
- The article expressly includes the stated insurance indemnity within its qualified scope.
- Insurance indemnity is categorically omitted from 2127.
- The mortgagee automatically owns every unrelated policy.
- The debt necessarily doubles.
- Only the insurer may rewrite the mortgage law.
Legal references
- Civil Code Articles2052,2056-2057,2066,2071-2084 and2126-2130: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
Answer this question in flashcards to review your response and continue practicing.