Practice question
For an established Article20 wrong, does Article2200 limit indemnification exclusively to out-of-pocket loss and categorically exclude lost profits?
- No; it also includes profits the obligee failed to obtain when legally established
- Yes; all lost profits are forbidden
- Yes; only the defendant’s profits matter
- Yes; profits can never be proved
- Yes; an unlawful act automatically eliminates business loss
Legal references
- Civil Code RA386: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html Articles20,2195–2199,2200,2203,2205,2207.
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