1. No.

The period by which B should fulfill the obligation must be

determined by the court as contemplated in Article 1197 since
C agreed that the period for the fulfillment of the obligation is
solely determined by B or if he wants.

2. Art. 1262. An obligation which consists in the delivery of a

determinate thing shall be extinguished if it should be lost or
destroyed without the fault of the debtor, and before he has
incurred in delay.
When by law or stipulation, the obligor is liable even for
fortuitous events, the loss of the thing does not extinguish the
obligation, and he shall be responsible for damages. The same
rule applies when the nature of the obligation requires the
assumption of risk. (1182a)

Art. 1263. In an obligation to deliver a generic thing, the loss or

destruction of anything of the same kind does not extinguish
the obligation. (n)

3. S may either ask for the payment of the consideration or seek

for the rescission of the contract and claim for damages in
either cases.

As provided in Art. 1191. The power to rescind obligations is

implied in reciprocal ones, in case one of the obligors should
not comply with what is incumbent upon him.

The injured party may choose between the fulfillment and the
rescission of the obligation, with the payment of damages in
either case. He may also seek rescission, even after he has
chosen fulfillment, if the latter should become impossible.

4. Yes. C may demand payment before August 10 because here,

even though the loss of the thing mortgaged was damaged
without the fault of the debtor, he may still lose the right to
make use of the period if he does not provide for a susbstitute
for the same. As provided in Article 1198:
 “The debtor shall lose every right to make use of the
period:

(1) When after the obligation has been contracted, he

becomes insolvent, unless he gives a guaranty or security
for the debt;

(2) When he does not furnish to the creditor the

guaranties or securities which he has promised;

(3) When by his own acts he has impaired said guaranties

or securities after their establishment, and when through
a fortuitous event they disappear, unless he immediately
gives new ones equally satisfactory;

(4) When the debtor violates any undertaking, in

consideration of which the creditor agreed to the period;

4. No. D cannot compel C to accept the payment before

December 31 because the period has been established for the
benefit of C. It is provided in Article 1193 that “Obligations for
whose fulfillment a day certain has been fixed, shall be
demandable only when that day comes.”

5. No. D can no longer change his period because the right of

choice only pertains to the selection of which prestation to fulfill
and not the period. Moreover, since D already communicated to
C his choice, then the obligation ceased to be an alternative
one (Article 1205) and hence, he is now bound to deliver the
piano on August 22.

7. Its just really Article 1205

(1) If one of the things is lost through a fortuitous event, he

shall perform the obligation by delivering that which the
 creditor should choose from among the remainder, or that
which remains if only one subsists;

(2) If the loss of one of the things occurs through the fault of
the debtor, the creditor may claim any of those subsisting, or
the price of that which, through the fault of the former, has
disappeared, with a right to damages;

(3) If all the things are lost through the fault of the debtor, the
choice by the creditor shall fall upon the price of any one of
them, also with indemnity for damages.

8. Yes, S is liable. Since, the obligation already ceased to be an

alternative obligation, any loss on the thing to be delivered must be
borne by the seller, especially if the same was due to his fault.