In obligation and contracts under Philippine Civil law, if A, B and C borrowed 120k from W and Y a written agreement signed by the parties. I promise to pay W and Y 120k signed A, B, and C and they have agreed that the share of A,B and C in the obligation is 20% to A , 30% to B, and 50% to C. The sharing between W and Y is 40% to W, and 60% to Y. Assuming today is the due date of the obligation.

 

 1. How much could A pay W?

 2. If it is Y who would collect. How much can Y collect from B?

3. Is it a solidary or joint obligation? 

4. State a legal basis under civil law

Answer rating: 100% (QA)

Here are the answers 1 How much could A pay W Total loan amount is P120000 As share of the obligatio... View the full answer