Practice question
Draft a narrow operative grant for principal Pia authorizing agent Eli to borrow at most PHP 200,000 from Bank B for Pia, excluding guarantees of anyone else’s debts. Do not invent interest terms.
Legal references
- Civil Code, Articles 1654-1663 and 1878, specific provision identified: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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