McqMate
| Q. |
A lent money to B in 1950 payable in 1951. Despite demand, B failed to pay. In 2011, his daughter who recently became a lawyer sent a demand for payment to B who sent a letter acknowledging the debt and asked for one (1) year to pay but failed to pay within the extended period. A filed a complaint for sum of money. How do you think the court will decide? |
| A. | Dismiss the action due to prescription; |
| B. | Dismiss due to laches; |
| C. | Decide for A because there was a waiver of prescription acquired by B. (Art. 1112, NCC); |
| D. | Dismiss on the ground of estoppel. |
| Answer» C. Decide for A because there was a waiver of prescription acquired by B. (Art. 1112, NCC); | |
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