Civil Code Art. 2052: Nature and Extent of

Statute: Civil Code
Article: Art. 2052
Topic: Nature and Extent of Guaranty
Book: BOOK IV Obligations and Contracts
Title: TITLE XV GUARANTY
Chapter: CHAPTER 1 Nature and Extent of Guaranty
Formerly: Art. 1824a of the old Civil Code
Year: 1949

The provision

A guaranty cannot exist without a valid obligation. Nevertheless, a guaranty may be constituted to guarantee the performance of a voidable or an unenforceable contract. It may also guarantee a natural obligation. (1824a)

Cases applying this article

Atok Finance Corporation v. Court of Appeals G.R. No. 80078

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