Practice question
When all legal-compensation requisites are met, to what amount are the reciprocal debts extinguished under Article 1290?
- Always all amounts regardless of size
- Only one peso
- Only the greater debt’s total
- No amount under any circumstances
- Their concurrent amount
Legal references
- Civil Code, Articles 1278-1279, 1290, 1953 and 1980: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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