Q. Mr. D borrowed P500, 000 from Mr. C with Mr. G as guarantor. When the debt fell due, Mr. D did not pay despite demand. (Solved)
1. Mr. C may collect from Mr. G because he guaranteed payment of the debt.
2. Mr. G may refuse to pay even if Mr. D is insolvent.
3. Mr. G may ask Mr. C to exhaust all the properties of the Mr. D first before collecting from Mr. G.
4. Mr. G may refuse to pay even if Mr. D has absconde
- c. Mr. G may ask Mr. C to exhaust all the properties of the Mr. D first before collecting from Mr. G.