Quiz 3
Instructions: Provide the following case questions with brief answer. If the question is in essay form, limit your answer into four to five sentences.
- As security for a loan, R executed a real estate mortgage in favor of E. R bound himself to pay on time the taxes on the mortgaged property; otherwise, the entire loan would become due and payable. R failed to pay the taxes as stipulated. No demand was made by E either in respect of the taxes or the loan itself, the only notice given to R being the letter received by him from E’s lawyer to the effect that he was taking the necessary steps to foreclose the mortgage extrajudicially because the taxes had not been paid. Acting on the foregoing communication, R paid the back taxes complained of. Did R incur in delay in the payment of the taxes and the loan? Explain.
- A delivered to B, a typewriter repairer, a portable typewriter for routine cleaning and servicing. B was not able to finish the job after some time despite repeated reminders made by A. Finally, B returned the typewriter unrepaired, some of the parts missing. A had the typewriter repaired by F Business Machines, and the repair job cost him P58.75 for labor or service and P31.10 for the missing parts or a total of P89.85. The lower court rendered judgment ordering B to pay only P31.10. Is B liable also for P58.75, the cost of the service expended in the repair? Explain.
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