Samantha borrowed P100,000 from Paola. On due date of the loan, Samantha could not pay Paola because she lost to a robber the P100,000 intended for the payment of her debt. In addition, she suffered financial problems, and she was short of cash even for her current family needs. Can Samantha legally justify her inability to pay Paola? Explain.
Samantha borrowed P100,000 from Paola. On due date of the loan, Samantha could not pay Paola because she lost to a robber the P100,000 intended for the payment of her debt. In addition, she suffered financial problems, and she was short of cash even for her current family needs. Can Samantha legally justify her inability to pay Paola? Explain.
Chapter6: Business Expenses
Section: Chapter Questions
Problem 76IIP
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4. Samantha borrowed P100,000 from Paola. On due date of the loan, Samantha could not pay Paola because she lost to a robber the P100,000 intended for the payment of her debt. In addition, she suffered financial problems, and she was short of cash even for her current family needs. Can Samantha legally justify her inability to pay Paola? Explain.
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