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Kinds of novation

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Effect of assignment of rights in compensation

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Guarantor's right in compensation

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Obligation that CANNOT be compensated

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Republic v. Cagandahan (G.R. No. 166676, September 12, 2008)

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Silverio v. Republic (G.R. NO. 174689, October 19, 2007)

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Kinds of compensation

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Merger in joint, solidary obligations

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Effects of merger upon guarantors

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What is confusion or merger?

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Formalities, presumption in remission of obligation

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Kinds of condonation or remission

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What is condonation or remission?

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Unforeseen difficulty extinguishes obligation

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Impossibility of performance in obligation to do

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Cayetano v. Monsod (G.R. No. 100113)