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AllBar 2024CIVIL LAWII. HUMAN RELATIONSC. Thoughtless Extravagance (Civil Code, Art. 25)

Question

Human Relations: Thoughtless Extravagance in Civil Code, Article 25

Alex is a successful businessman who recently received a substantial amount of money from a business venture. Overwhelmed by his newfound wealth, he decides to indulge in thoughtless extravagance, disregarding any concerns about his financial stability. He splurges on luxurious trips, expensive clothing, and extravagant parties, often leaving him with little to no savings.

One day, Alex's uncle, Ben, approaches him for a financial loan to help with a pressing family matter. Alex, despite his lavish spending habits, refuses to lend any money to his uncle, claiming that he has no extra funds to spare.

Advise Ben on his potential legal recourse based on Civil Code, Article 25, which states:

Thoughtless extravagance or wanton dissipation of the family fortune by one spouse is hereby defined as such reckless expense or squandering of funds as to endanger the financial stability of the family.




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