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Q. |
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. |
Answer» C. No, because a surety undertaking did not at all redound to the benefit of the family; |
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