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Q. |
In the question above, A, B and C agreed to use the amount of P100M left by their parents for the development of the land. D disagreed. Is D’s act correct? |
A. | No, because it is prejudicial to the interest of the co-ownership; |
B. | Yes, because the expenditure is not a mere act of administration, but an act of dominion; |
C. | Yes, because the expenditure is not a mere act of administration but an act of dominion which needs the consent of all; |
D. | No, because being trustees of one another, they are presumed to act favorably for every co-owner. |
Answer» C. Yes, because the expenditure is not a mere act of administration but an act of dominion which needs the consent of all; |
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