Practice question
Under Section 16's ordinary bond provision, what is the minimum indemnity-bond amount?
- Not less than the value of the levied property.
- Always one peso.
- Only half of counsel's fee.
- Only the cost of mailing.
- Whatever the judgment obligee privately prefers.
Legal references
- https://lawphil.net/courts/rules/rc_1-71_civil.html — Rule 39, Section 16.
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