Question: Korry borrowed P10,000 from Happy. However, Korry does not pay and eventually, the obligation has prescribed. 1 month after the obligation was prescribed, Happy demanded

Korry borrowed P10,000 from Happy. However, Korry does not pay and eventually, the obligation has prescribed. 1 month after the obligation was prescribed, Happy demanded Korry to pay the P10,000 loan. If you were Korry, will you pay the loan?

ALAC method. Based on Oblicon Civil Law articles of the philippines

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