Scribd Logo
Upload

Welcome to Scribd!

  • 170 views

    03 Activity 1abdaopdf

    Uploaded by

    Rianna Ccl
    This document contains two case analyses involving obligations. [1] The first case involves joint liability, where Juan and Pedro borrowed money from Ana, Lorna, and Fe. When Ana condoned 100,000 of the debt, the remaining debt owed by Juan and Pedro was reduced to 50,000. [2] The second case involves an obligation with a period, where William and Harry agreed to deliver a bullet-proof car to Elizabeth by her birthday. However, Harry failed to contribute to the purchase, so the car was not delivered on time as agreed. Elizabeth has the right to request the item promised by William and Harry.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    03 Activity 1abdaopdf

    Uploaded by

    Rianna Ccl
    170 views1 page
    This document contains two case analyses involving obligations. [1] The first case involves joint liability, where Juan and Pedro borrowed money from Ana, Lorna, and Fe. When Ana condoned 100,000 of the debt, the remaining debt owed by Juan and Pedro was reduced to 50,000. [2] The second case involves an obligation with a period, where William and Harry agreed to deliver a bullet-proof car to Elizabeth by her birthday. However, Harry failed to contribute to the purchase, so the car was not delivered on time as agreed. Elizabeth has the right to request the item promised by William and Harry.

    Original Title

    03_Activity_1Abdaopdf

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document contains two case analyses involving obligations. [1] The first case involves joint liability, where Juan and Pedro borrowed money from Ana, Lorna, and Fe. When Ana condoned 100,000 of the debt, the remaining debt owed by Juan and Pedro was reduced to 50,000. [2] The second case involves an obligation with a period, where William and Harry agreed to deliver a bullet-proof car to Elizabeth by her birthday. However, Harry failed to contribute to the purchase, so the car was not delivered on time as agreed. Elizabeth has the right to request the item promised by William and Harry.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    170 views1 page

    03 Activity 1abdaopdf

    Uploaded by

    Rianna Ccl
    This document contains two case analyses involving obligations. [1] The first case involves joint liability, where Juan and Pedro borrowed money from Ana, Lorna, and Fe. When Ana condoned 100,000 of the debt, the remaining debt owed by Juan and Pedro was reduced to 50,000. [2] The second case involves an obligation with a period, where William and Harry agreed to deliver a bullet-proof car to Elizabeth by her birthday. However, Harry failed to contribute to the purchase, so the car was not delivered on time as agreed. Elizabeth has the right to request the item promised by William and Harry.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    BM1707

    Abdao, Rianna Cecilia S.


    BSBA OM I403
    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 problem involves joint liability. Each creditor has the right to demand full performance from
    each debtor, and the debtor is obligated to pay. Ana, Lorna, and Fe, the creditors, have the right
    to demand 150,000php from the debtors, Juan and Pedro. Each of the three women has the right
    to sue the debtors for payment of their respective shares.

    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 ignores her 100,000 pesos, Juan and Pedro's debt is reduced to 50,000 pesos. Ana is liable
    in this case for her shares owed to fellow creditors.

    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?


    The problem's obligation is Obligation with a Period. William and Harry agreed to deliver a
    bulletproof vehicle to Elizabeth, but Harry was unable to contribute to the purchase of the vehicle
    and within the time limit he was classified, resulting in a commitment with a deadline. According
    to period or period sources, they had to settle the situation because they agreed to a traditional
    or voluntary arrangement.

    b. What should Elizabeth do?


    Elizabeth should discuss the agreement with William and Harry. Elizabeth has the right to request
    the item promised to her because William and Harry agreed to deliver the bullet-proof car on her
    birthday.
    Rubric for scoring:
    CRITERIA PERFORMANCE INDICATORS POINTS
    Provided pieces of evidence,
    Content supporting details, and factual 3
    scenarios
    Expressed the points in clear and
    Organization of
    logical arrangement of ideas in the 2
    ideas
    paragraph
    Total 5

    03 Activity 1 *Property of STI


    Page 1 of 1

    You might also like