A and B are married. They are governed by the conjugal partnership of gains. A, the Executive Vice-President of ABC Corp. signed as a surety in a loan secured by the company from Metrobank for the rehabilitation of the company. As business was good after rehabilitation, A was given a house and lot, a brand new caw and raise in his salary. The company was sued due to its failure to pay the loan. Are the properties of A and B liable?
A) Yes, because the liability of the surety is primary and principal.
B) Yes, because the obligation contracted by A was done during the marriage.
C) No, because a surety undertaking did not at all redound to the benefit of the family.
D) Yes, because the obligation contracted by A redounded to the benefit of the family.
Correct Answer:
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