Q.

When is the guarantor liable for the obligation of the debtor?

A. Once the obligation becomes due and demandable;
B. Only after judgment is obtained against the principal debtor and he is unable to pay; (Baylon v. CA, August 17, 1999)
C. The moment the judgment against the debtor becomes final and executory;
D. Once demand is made for both the debtor and guarantor to pay.
Answer» B. Only after judgment is obtained against the principal debtor and he is unable to pay; (Baylon v. CA, August 17, 1999)
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