The borrower in commodatum is entitled to fruits of the thing borrowed or loaned even without a stipulation to that effect1 pointTrueFalse
Question
The borrower in commodatum is entitled to fruits of the thing borrowed or loaned even without a stipulation to that effect1 pointTrueFalse
Solution
False
Similar Questions
In mutuum, the borrower does not acquire the ownership of the thing1 pointTrueFalse
The creditor has the right to the fruits of the thing from the time*1 pointthe fruits are actually deliveredthe obligations to deliver the fruits arisesthe thing is actually deliveredthe obligation to deliver the thing arises
D borrowed P20,000.00 from C. The debt, which bears interest at 10% per annum, is due after one year. On due date, D paid C P20,000.00 representing the principal, but by that time C had already become insane. Later, G, the guardian of C, demanded payment from D but D presented a receipt issued by C acknowledging the payment. Upon investigation, G discovered that P8,000.00 was still in C’s possession; P9,000.00 was spent by C for groceries as evidenced by the receipt of Esem Supermarket; and P3,000.00 was admitted by C to have been lost by him in a gambling game. G may demand payment from D in the amount of:1 pointP14,000.00, representing the interest, the gambling loss, and the cost of groceries.P22,000.00, the total debt because payment to an incapacitated creditor is not valid.P5,000.00, representing the interest and the gambling loss.P2,000.00, representing the interest.
A, B, and C are partners in A & Company. A is the managing partner. X is indebted to the partnership for the amount of Php24,000. X is also indebted to B in the amount of Php12,000. Both debts are due and demandable. B was able to collect the amount of Php12,000 from X. While drinking on a Friday night, B told A that he was able to collect from X. The following day, A demanded B to give the amount he collected from X for the benefit of the partnership.Can A demand B to give to the partnership what he collected?Group of answer choicesYes. B should give Php12,000 to the partnership. Under the law, B should prioritize the partnership over his personal interest.Yes. B, as an ordinary partner, is required under the law to report to the partnership whatever benefit he received.No. B is not a managing partner, so he is not required to give what he received in favor of the partnership.No. B acted in good faith and even reported to A that he was able to collect from X.Both a and bBoth c and d
Borrowing money is an example of:Group of answer choicesan operating activity.a non-cash activity.an investing activity.a financing activity.
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