- Statute
- Civil Code
- Article
- Art. 1250
- Topic
- Extinguishment of Obligations
- Status
- In force
- Book
- BOOK IV Obligations and Contracts
- Title
- TITLE I Obligations
- Chapter
- CHAPTER 4 Extinguishment of Obligations
- Year
- 1949
- Cited by
- Multiple Supreme Court decisions
The provision
In case an extraordinary inflation or deflation of the currency stipulated should supervene, the value of the currency at the time of the establishment of the obligation shall be the basis of payment, unless there is an agreement to the contrary. (n)
Cases applying this article
- Citibank v. Modesta R. Sabeniano
- Remedios Navoa Ramos v. Court of Appeals
- Arturo P. Valenzuela v. The Honorable Court of Appeals
- Maria Paz v. Nepomuceno
- Eufemia Almeda v. Bathala Marketing Industries
- Telengtan Brothers & Sons v. United States Lines
- Velasco v. Manila Electric G.R. No. L-18390
Related provisions in this Chapter
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