[Solved] Debtor owes Creditor P20, 000. On the due date of the obligation, Debtor could not pay. Debtor instead offered his TV set worth P20,000 in payment of the obligation. Creditor agrees.

Q.	Debtor owes Creditor P20, 000. On the due date of the obligation, Debtor could not pay. Debtor instead offered his TV set worth P20,000 in payment of the obligation. Creditor agrees.
A.	There is no payment because the debt may only be discharged by the delivery of legal tender.
B.	There is payment pursuant to a facultative obligation because of a substitution.
C.	There is dation in payment or dacion en pago.
D.	There is payment by cession.
Answer» C. There is dation in payment or dacion en pago.

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