Q.

When A borrowed money from B, the latter gave him a check for P10M as it was a Sunday. Was the contract of mutuum perfected?

A. Yes, because the contract is valid in any form;
B. Yes, because the delivery of the check in an evidence of perfection;
C. Yes, because of the principle of mutuality;
D. No, unless the proceeds of the check shall have been delivered.
Answer» D. No, unless the proceeds of the check shall have been delivered.
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