Practice question
Explain why a valid risk-assumption clause matters even if the event otherwise appears fortuitous.
Legal references
- Civil Code Articles 1174, 1759, 2176-2180: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
- Mindex Resources Development v. Morillo, G.R. No. 138123, March 12, 2002, main decision: https://lawphil.net/judjuris/juri2002/mar2002/gr_138123_2002.html
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