When A borrowed money from B, the latter gave him a check for P10M as it was a Sunday. Was the contract of mutuum perfected?

Question

TuteeHUB · Accepted Answer

NA

TuteeHUB · Answer

Yes, because the contract is valid in any form;

TuteeHUB · Answer

Yes, because the delivery of the check in an evidence of perfection;

TuteeHUB · Answer

Yes, because of the principle of mutuality;

TuteeHUB · Answer

No, unless the proceeds of the check shall have been delivered.

1.	When A borrowed money from B, the latter gave him a check for P10M as it was a Sunday. Was the contract of mutuum perfected?
A.	Yes, because the contract is valid in any form;
B.	Yes, because the delivery of the check in an evidence of perfection;
C.	Yes, because of the principle of mutuality;
D.	No, unless the proceeds of the check shall have been delivered.
Answer» E.

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