- Statute
- Civil Code
- Article
- Art. 2052
- Topic
- Nature and Extent of Guaranty
- Status
- In force
- 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
- Cited by
- Multiple Supreme Court decisions
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)
Intellegal Wiki · In plain terms
A guaranty depends on a valid underlying obligation and cannot exist without one. Even so, it may secure a contract that is merely voidable or unenforceable, and it can also back a natural obligation, one that is not legally demandable but rests on equity and good conscience.
An editorially maintained plain-language explanation of this provision — not legal advice.
Cases applying this article
- Atok Finance Corporation v. Court of Appeals G.R. No. 80078
- Jacinto Uy Diño v. Hon. Court of Appeals G.R. No. 89775
Related provisions in this Chapter
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