Course Hero Logo

The obligation of pedro in favor juan amounts to php

Course Hero uses AI to attempt to automatically extract content from documents to surface to you and others so you can study better, e.g., in search results, to enrich docs, and more. This preview shows page 6 - 8 out of 14 pages.

14. The obligation of Pedro in favor Juan amounts to Php 30,000.00 payable on May 5,2002. On April 15, 2002 Ciriaco andPedro agreed that Ciriaco will pay the obligation of Pedro. Juan gave his consent to the said agreement .The change ofthe debtor in this called:a. substitutionb. expromissionc. subrogationd. delegacio
15. X issued a promissory note to A amounting to Php 10,000.00. A purchased a computer from B and he indorsed thenote to B. B indorsed the promissory note to C in payment of his loan .C indorsed the said promissory note to Xas payment for the repair of his car .The obligation of X in this case is extinguished by:
16. C bought only the car of D on February 15, 2002 and D agreed to deliver it to C on April 30,2002. They did not agreeon the place of delivery .Where is the place of delivery?
17. D has an obligation to deliver his dog to C on October 16, 2001. On October 10, 2001, the said dog gave birth to sevenpuppies. On October 16, 2001, D failed to deliver the said dog .Who shall be the owner of the dog on October 16, 2001?
18. When the obligor binds himself to pay when his means permit him to do so, the obligation is:a. conditionalb. facultativec. pured. with a period
19.A obtained a loan from B in the amount of Php 10,000.00 payable on December 31,2002 plus 10% interest. A won inthelotto and on March 30, 2002 he offered to pay his loan to B plus Php1,000.00 as interest but B refused to accept hispayment.Which of the following statement is correct?
20. D has the obligation to give a two-year black male dog to C on April 30,2002.On April 2,2002, all of the dogs of Dwere hit by lightning and they all died. Therefore:

Upload your study docs or become a

Course Hero member to access this document

Upload your study docs or become a

Course Hero member to access this document

End of preview. Want to read all 14 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Winter
Professor
N/A
Tags
Accounting, Debt, Debtor, Obligation, C B

Newly uploaded documents

Show More

Newly uploaded documents

Show More

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture