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Questions and Answers
Which situation limits the debtor's choice in the application of payments?
Which situation limits the debtor's choice in the application of payments?
- The debt must be liquidated
- Creditor cannot be compelled to accept partial payment
- When the period is constituted in favor of the debtor and the same has not yet arrived
- Debtor cannot apply payment to principal if interest has not been paid (correct)
What kind of cession of payment extinguishes all the obligations of the debtor?
What kind of cession of payment extinguishes all the obligations of the debtor?
- Voluntary (correct)
- All of the choices
- Judicial
- Conventional
In which case will a partial loss of the specific thing that is the object of the obligation affect the obligation?
In which case will a partial loss of the specific thing that is the object of the obligation affect the obligation?
- Will extinguish the obligation once filed in court
- Will extinguish the obligation if the court finds the loss so important as to extinguish the obligation (correct)
- Will not affect the obligation
- Will release the debtor from his obligation
Which of the following is NOT an implied condonation?
Which of the following is NOT an implied condonation?
Which scenario is proper for compensation to occur?
Which scenario is proper for compensation to occur?
When does a fortuitous event release the debtor from his obligation?
When does a fortuitous event release the debtor from his obligation?
In the case of solidary liabilities, what can happen to the innocent debtor or the one willing to comply with their part?
In the case of solidary liabilities, what can happen to the innocent debtor or the one willing to comply with their part?
What general rule applies when there is a penalty clause in an obligation?
What general rule applies when there is a penalty clause in an obligation?
When can a debtor exempt themselves from fulfilling an obligation by paying the penalty?
When can a debtor exempt themselves from fulfilling an obligation by paying the penalty?
When can a creditor demand both the fulfillment of the obligation and payment of the penalty simultaneously?
When can a creditor demand both the fulfillment of the obligation and payment of the penalty simultaneously?
When can a court reduce a penalty associated with an obligation?
When can a court reduce a penalty associated with an obligation?
In what scenario can a creditor enforce a penalty after initially requiring fulfillment of the obligation?
In what scenario can a creditor enforce a penalty after initially requiring fulfillment of the obligation?
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