question archive M obtained a loan of P50,000 from P

M obtained a loan of P50,000 from P

Subject:BusinessPrice: Bought3

M obtained a loan of P50,000 from P. The loan is evidenced by promissory note executed by M with G signing as a guarantor of the debt. P assigns the note to A, A to B, B to C, and C to G. Is the obligation of M to pay P extinguished? Why?

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