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.
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