Joint & Solidary Obligations in 5 minutes. Discussion and Computation. Review tips for CPA Exam

Joint and Solidary Obligations in 5 minutes. Discussion and Computation. Article 1207. What is a joint obligation and what is a solidary obligation. How to compute for the share in the obligation if joint or solidary. Techniques to easily compute and solve these kinds of problems. Types of collective obligations. Review tips for Accounting graduates and CPA reviewees. #RFBT #Joint&Solidary #CPA

[mykalichellenario]

WHAT THE HECK! ANG SOOTHING NG BOSES TAS ANG WELL THOUGHT NG PAGKAKACONSTRUCT NG PROBLEMS AND THANK YOU!

[gojay]

ANG GALING. THANK YOU. ANG DALING MAINTIDIHAN.

[eldhenvalentin]

salamat sa mas pinadaling pag explain laking tulong po :)

[calderonmarkdaniel]

Hello po! ano po meaning ng joint and several?

[ordenizajedelynm.]

Hello po what if po kapag ganito ang situation A, B, and C are solidarily liable to pay the amount of P3Million to BPI Bank, subject to the following terms and conditions:

- A shall pay in monthly installment of P3, 000.00 starting January 1, 2021
- B shall pay her total obligation on February 1, 2021
- C shall pay his obligation if Leni Robredo becomes president in the next elections.

Assume that nobody has paid any outstanding obligation.
a. Today (March 20), BPI bank sent a demand for payment. How much may the bank ask for and who may be liable to pay?
b. If B becomes insolvent today, what is the effect to the obligation?
c. If the bank remits/cancels the debt of B, how much may the bank demand from A today (March 20), assuming no payment was made yet.