Understanding Solidary Liability and Reimbursement in Legal Matters

What is the correct scenario when one debtor cannot reimburse the other debtor in a solidary liability situation?

In this scenario, Hank and Tom were both solidarily liable to Mark for the amount of P60,000. Solidary liability means that each debtor is individually responsible for the entire debt. On the due date, Hank and Tom offered to pay the debt, but only Hank's offer was accepted by Mark, and Hank paid the entire amount.

Since Jerry, the third debtor, was declared insolvent and cannot reimburse Hank, Tom remains jointly and severally liable with Hank for the remaining portion of the debt. The remaining amount is P20,000 (P60,000 - P40,000) since Hank has already paid P40,000. Therefore, Tom is liable to Hank for P20,000, and option d is the correct answer.

It is essential to understand the concept of solidary liability in legal matters to know the implications and responsibilities of debtors in such situations. When entering into agreements or contracts where solidary liability is involved, individuals must be aware of their obligations and potential outcomes in case of default or insolvency.