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Homework answers / question archive / Mika, Aldous, and Andy are jointly liable to give a particular vehicle worth P1

Mika, Aldous, and Andy are jointly liable to give a particular vehicle worth P1

Law

Mika, Aldous, and Andy are jointly liable to give a particular vehicle worth P1. 2 million in favor of Daniel, Nadine, James, and Liza. Mika is insolvent so the debtors cannot purchase the car to give the creditors. Daniel and Nadine have renounced their rights. The debtors are not in default. How much can each of the creditors get from each of the debtors?

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