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There is no right from payment ranging from his cost of P10 million and you can Key Corp.’s unliquidated claim for damages. To ensure settlement may be proper, the two debts have to be liquidated and you can demandable. The way it is on the P10 million damages becoming still pending inside the court, the corporation have up to now no claim which is owed and you may demandable up against Stockton. Under the Civil Code, an excellent co-proprietor could possibly get renounce their express in the co-possessed possessions as opposed to purchasing his express regarding the taxes and you will expenditures for the conservation of your own co-had property. In effect, there is dacion en pago as the co-manager try discharging his monetary duty by paying it along with his non-economic demand for the new co-possessed property.

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  • The gamer becomes dos face-up cards because the representative get one to deal with-upwards borrowing from the bank and another face-off credit.
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