Fixing the Intended Period of an Obligation: Revisiting Tiglao v. Manila Railroad Co.
Consider the following problem based on a question in the 1973 Civil Law bar exam: “D borrowed ₱3,000,000 from C in 2014. The debt is evidenced by a promissory note executed by D wherein he promised to pay as soon as he has money or as soon as possible. C has made repeated demands upon…