Question: Answer these 1. Preference with respect to specific immovable or real property should be given to: a. Credits of insurers. b. Expenses for the preservation
Answer these
1. Preference with respect to specific immovable or real property should be given to:
a. Credits of insurers.
b. Expenses for the preservation or improvement of real property.
c. Mortgage credits recorded in the Registry of Property.
d. Claims of donors or real property for pecuniary charges.
2.
I. As long as the conjugal partnership or absolute community subsists, its property shall not be among the assets to be taken possession of by the assignee for the payment of the insolvent debtor's obligations, even if the proceeds of the debt have redounded to the benefit of the family.
II. The professional libraries and equipment of judges, lawyers, physicians, pharmacists, dentists, engineers, surveyors, clergymen, teachers, and other professionals, exceeding three hundred thousand pesos in value shall be subject to execution.
a. Only I is true
b. Only II is true
c. Both are true
d. Both are false
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