Q.

A and B are married. They have a joint account in a bank. They executed a survivorship agreement that upon the death of one of them, the full amount of money in their account shall become the property of the survivor. Is the agreement valid?

A. No, because it is a donation mortis causa which did not comply with the formalities of the law;
B. No, it is a donation inter vivos prohibited under Article 87, Family Code;
C. Yes, because it is an aleatory contract subject to an uncertain even which is death of either party. (Art. 2010, NCC; Vitug v. CA, 183 SCRA 755)
D. No, by reason of public policy.
Answer» C. Yes, because it is an aleatory contract subject to an uncertain even which is death of either party. (Art. 2010, NCC; Vitug v. CA, 183 SCRA 755)
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