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What is Understanding Commodatum and Loans about?
Article 1933 of the civil code defines the contract of loan can either be a Commodatum or a simple loan/ mutuum. One of the parties delivers to another, either something not consumable so that the latter may use the same for a certain time and return it; or money or other consumable thing, upon the condition that the same amount of the same kind and quality shall be paid. Commodatum is essentially Gratitous, Simple loan may be gratuitous or with stipulation to pay interest. In Commodatum the bai
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- 24101112-student
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- EN