Mr. Debtor owes Mr. Creditor ₱100, 000. On the due date, Mr. Debtor delivers a cashier's check for the full amount. Mr. Creditor refuses to accept the check.
A) Debtor may make a consignation by depositing the amount due with any bank and in the name of Mr. Creditor.
B) Mr. Debtor may make a consignation by depositing the amount due at the disposal of judicial authorities before whom the tender of payment shall be proved in a proper case.
C) Mr. Debtor has no legal basis for making a consignation.
D) The creditor may be considered in mora accipiendi.
Correct Answer:
Verified
Q15: Where the debtor has various debts of
Q16: When the characters of the creditor and
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:
Q22: Mr. Debtor owes fifteen (15) persons substantial
Q24: As a general rule, consignation must be
Q25: Which among the following fails to state
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents