Practice question
Partners stipulated a lawful goods-appraisal method. One contributor demands the default expert method solely because it would now produce a better figure. Which is correct?
- The default always invalidates every agreement
- Only the contributor may choose retrospectively
- No appraisal can ever be agreed
- Article 1787 begins with the contract’s stipulated method
- The firm name determines valuation
Legal references
- Civil Code, RA 386: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/53360; Articles 1787,1798.
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