Question

Scenario 1:

Maria entered into a lease agreement with Juan for a commercial space. The lease contract stipulated a fixed term of 2 years. However, after only 1 year, Juan unilaterally terminated the lease agreement due to non-payment of rent. Maria insists on continuing with the lease agreement for the full 2 years. Juan argues that since Maria failed to comply with her obligation to pay rent, he has the right to terminate the contract. Evaluate the legal effect and application of laws based on the given scenario.

Scenario 2:

Ramona borrowed a sum of money from Rodrigo, with the agreement that she would pay it back in 6 equal monthly installments. Ramona made the first 5 monthly payments on time, but failed to make the last payment. Rodrigo demands that Ramona pays the remaining amount immediately. Ramona argues that she should still be given reasonable time to settle her debt. Evaluate the legal effect and application of laws based on the given scenario.