Philippine Bar review · Question

Practice question: Nature of Bank Deposits

Multiple Choice Easy Jurisprudence

Practice question

What maturity condition does Article 1279 require for ordinary legal compensation?
  1. Only the larger debt must be due
  2. Neither debt may ever mature
  3. Only a third person’s debt must mature
  4. Both debts must be due
  5. Only one party’s preference matters

Legal references

  • Civil Code, Articles 1278-1279, 1290, 1953 and 1980: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
  • Areza v. Express Savings Bank, G.R. No. 176697, September 10, 2014, main decision: https://lawphil.net/judjuris/juri2014/sep2014/gr_176697_2014.html

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