Q. .Mr. X lost heavily in a private gambling with Mr. Y. He still owes Mr. Y P250,000 representing losses. Which is not true? (Solved)

1. The wife of Mr. X may file a suit to recover the losses if Mr. X refuses to file the suit.

2. Mr. Y has the obligation to return the losses of Mr. X.

3. Mr. X is estopped from recovering his losses.

4. Mr. Y cannot collect the unpaid losses of Mr. X.