Q. A and B are married. They are governed by the conjugal partnership of gains. A, the Executive Vice-President of ABC Corp. signed as a surety in a loan secured by the company from Metrobank for the rehabilitation of the company. As business was good after rehabilitation, A was given a house and lot, a brand new caw and raise in his salary. The company was sued due to its failure to pay the loan. Are the properties of A and B liable? (Solved)
1. Yes, because the liability of the surety is primary and principal;
2. Yes, because the obligation contracted by A was done during the marriage;
3. No, because a surety undertaking did not at all redound to the benefit of the family;
4. Yes, because the obligation contracted by A redounded to the benefit of the family.
- c. No, because a surety undertaking did not at all redound to the benefit of the family;