Professional Documents
Culture Documents
a. Was the agreement which Donna signed with Jane valid? Explain with
legal basis.
Answer:
NO, the agreement to appropriate the jewelry upon default of Donna is
considered pactum commissorium and it is considered void by law (Art. 2088).
b. Can Donna redeem the jewelry set from Juana by paying the amount
she owed Jane to Juana? Explain with legal basis.
Answer:
NO, Donna cannot redeem it from Juana because the pledge contract is
between her and Jane. Juana is not a party to the pledge contract (Art. 1311)
Answer:
One example of a pledge created by operation of law is the right of the
depositary to retain the thing deposited until the depositor shall have paid him
whatever may be due to the depositary by reason of the deposit (Art. 1994).
Another is the right of the agent to retain the thing which is the object of the
agency until the principal reimburses him the expenses incurred in the
execution of the agency. (Art. 1914)