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This document discusses several topics related to unsettled financial obligations under Philippine law: 1) It defines a simple loan or mutuum as a contract where one party lends money or goods to another party, with the understanding that an equal amount will be repaid, not the original items lent. 2) It outlines prescription periods for legal actions - 10 years for written contracts and judgments, 6 years for oral contracts and quasi-contracts. 3) Non-payment of just debts by government employees can

Author

Ronalyn Barawid

Language

EN