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    Module 6

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    hilldeguzman510

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    © All Rights Reserved
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    Module 6

    Uploaded by

    hilldeguzman510
    11 views2 pages

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    Module-6

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    11 views2 pages

    Module 6

    Uploaded by

    hilldeguzman510

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    Republic of the Philippines

    POLYTECHNIC UNIVERSITY OF THE PHILIPPINES-BATAAN BRANCH


    Mariveles, Bataan

    BUSINESS LAW (OBLIGATIONS AND CONTRACTS)


    LAW 20053
    Module # 6

    Overview

    This Module is the continuation of the discussion of Extinguishment of


    Obligations, particularly the modes Confusion or Merger of Rights,
    Compensation, and Novation.

    Module Objective

    At the end of this module, you are expected to:

    1. Have clear understanding of the several modes


    extinguishment of obligations as discussed in this module;
    and

    2. Give concrete examples of the said modes of extinguishment


    of obligations.

    Reading Assignment

    Confusion or Merger of Rights (Art. 1275-1277)


    Compensation (Art. 1278-1290)
    Novation (Art. 1291-1304)
    Pages 264-305, Recommended Book

    Questionnaire

    Define. (10 pts)

    1. Confusion
    2. Compensation
    3. Facultative Compensation
    4. Novation
    5. Real Novation
    6. Personal Novation
    7. Substitution
    8. Subrogation
    9. Expromision
    10.Delegacion
    Enumerate. (20 pts.)

    1. Requisites of Confusion. (2 pts.)


    2. Requisites of Compensation. (5 pts.)
    3. Differences between Compensation and Confusion (3 pts.)
    4. Requisites of Novation. (4 pts.)
    5. Dual Function of Novation. (2 pts.)
    6. Three cases of Legal Subrogation. (4 pts.)

    Essay. (30 pts.)

    1. Give the effect of merger when it takes place:

    a. In the person of the principal debtor or creditor. Give an


    example. Explain. (5 pts)

    b. In the person of the guarantor of the principal obligation. Give


    an example. Explain. (5 pts.)

    2. Anna owes Becka PhP 1,000 with Caroline as Guarantor. Becka, in turn
    owes Caroline Php 1,000. Becka argues that since Caroline, the
    guarantor owes him the same amount the former owes Anna, Becka
    already settled the debt through compensation. Is Becka correct?
    Explain. (5 pts.)

    3. Maricar borrowed PhP 100,000 from ABS Bank. Despite demands for
    payment after the loan fell due, Maricar failed to pay. Maricar,
    however, has a savings deposit of PhP 150,000 with ABS Bank. Has
    the bank the right to apply the deposit to the payment of Maricar’s debt?
    Explain (5 pts.)

    4. Give an example of Expromision. Explain. (5 pts.)

    5. Give an example of Delegacion. Explain. (5 pts.)

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