When the characters of the creditor and debtor are merged in one and the same person, there is extinguishment of the obligation by,
A) confusion
B) compensation
C) novation
D) condonation or remission
Correct Answer:
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Q11: Debtor owes Creditor ₱500,000. The debt is
Q12: Which among the situations below states a
Q13: Debtor owes Creditor ₱20, 000. On the
Q14: Mr. D owes Mr. Y ₱10, 000.
Q15: Where the debtor has various debts of
Q17: When there is a change in the
Q18: It is that currency which the debtor
Q19: The extinguishment of an obligation by the
Q20: Mr. Debtor is domiciled in Quezon City
Q21: Mr. Debtor owes Mr. Creditor as follows:
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