Practice question
How does 1050(3) treat renunciation for a price in favor of all co-heirs indiscriminately?
- As automatically no acceptance because everyone benefits.
- As a new will by the deceased.
- As deemed acceptance.
- As a public-domain classification.
- As legally nonexistent regardless of circumstances.
Legal references
- Civil Code Articles991,997-1001,1016-1023,1026-1035,1050 and1063-1072: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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