This document contains two case analyses involving different legal obligations. The first case discusses a solidary obligation where Juan and Pedro borrowed money from Ana, Lorna, and Fe together. Ana later forgave Php100,000 of the debt, affecting the amounts owed to the other creditors. The second case discusses William and Harry's obligation to deliver a bulletproof car to Elizabeth for her birthday, which they failed to do because Harry did not contribute to the purchase price. The document analyzes the types of obligations involved and how the situations should be resolved.
This document contains two case analyses involving different legal obligations. The first case discusses a solidary obligation where Juan and Pedro borrowed money from Ana, Lorna, and Fe together. Ana later forgave Php100,000 of the debt, affecting the amounts owed to the other creditors. The second case discusses William and Harry's obligation to deliver a bulletproof car to Elizabeth for her birthday, which they failed to do because Harry did not contribute to the purchase price. The document analyzes the types of obligations involved and how the situations should be resolved.
This document contains two case analyses involving different legal obligations. The first case discusses a solidary obligation where Juan and Pedro borrowed money from Ana, Lorna, and Fe together. Ana later forgave Php100,000 of the debt, affecting the amounts owed to the other creditors. The second case discusses William and Harry's obligation to deliver a bulletproof car to Elizabeth for her birthday, which they failed to do because Harry did not contribute to the purchase price. The document analyzes the types of obligations involved and how the situations should be resolved.
This document contains two case analyses involving different legal obligations. The first case discusses a solidary obligation where Juan and Pedro borrowed money from Ana, Lorna, and Fe together. Ana later forgave Php100,000 of the debt, affecting the amounts owed to the other creditors. The second case discusses William and Harry's obligation to deliver a bulletproof car to Elizabeth for her birthday, which they failed to do because Harry did not contribute to the purchase price. The document analyzes the types of obligations involved and how the situations should be resolved.
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Case Analysis.
(20 points: 4 items x 5 points)
Answer the questions and submit thru Dropbox. 1. Juan and Pedro borrowed Php150,000 from Ana, Lorna, and Fe in solidum. Eventually, Ana validly condones or disregards the debt in the amount of Php100,000 as she feels indebted to Juan and Pedro for their parents’ benevolence when both of her parents died in an accident since Juan’s and Pedro’s parents provided moral and financial support to Ana after the tragedy. a. What kind of obligation is involved in the problem? The term “in solidum" denotes that Ana, Lorna, and Fe are considered Juan and Pedro's solidary creditors. Each of them is considered an agent of the other as solidary creditors. As a result, each of them may seek P150,000 in compensation from Juan. Pablo, and then the other solidary creditors, may seek payment from the creditor who requested payment from the borrowers for their individual portions. b. What is the effect of Ana’s act of condoning the debt in the amount of Php100,000 with respect to Juan’s and Pedro’s debt? With respect to Lorna’s and Fe’s credit? If Ana has agreed to forgive the sum of P100,000. This means that only P50,000 will be obtained from Juan and Pedro's hands. In accordance with the Civil Code, it is now the responsibility of the borrower who made the condonation is responsible to his co-creditors for their respective parts. In this case, as long as the debt is less than P150,000, the each creditor's equivalent part will be P50,000. Ana is answerable to her co-creditors for their individual shares, thanks to Lorna and Fe's forgiveness. 2. William and Harry obliged themselves to deliver to Elizabeth a bullet-proof car on her birthday. William and Harry agreed in front of Elizabeth to contribute the amount that will be used to buy the car. However, Harry failed to give his contribution to the purchase price of the car, hence, the car was not delivered to Elizabeth on her birthday. a. What kind of obligation is involved in the problem? Obligation with a period because William and Harry committed to give the bullet-proof to Elizabeth, but Harry was unable to contribute to the car's purchase, and because of the Term or Term Classification, the obligation has a period. There is a traditional or voluntary arrangement, according to the source of the term or period, where they have agreed and have agreed to do so in front of Elizabeth, so that they must fix the situation. b. What should Elizabeth do? Elizabeth must speak with William and Harry because they both agreed in that situation in front of Elizabeth, and Elizabeth must work with William and Harry if she wants to give her bulletproof on her birthday.