Under the law, anything paid or delivered before the arrival of the suspensive period the obligor being unaware of the period, may be recovered with the fruits and interest. Which is the exception?
Anonymous Quiz
20%
The period is for the benefit of the creditor and debtor.
9%
The obligor delivered before the period.
10%
The obligor is not aware of the period.
60%
The obligation involved is an obligation to do and not to do.
Which of the following is not a requisite of filing of subrogatory action?
Anonymous Quiz
28%
The creditor has a right of credit against the debtor although at the moment is not liquidated.
40%
The act being impugned is fraudulent.
22%
There must failure of the debtor to collect from 3rd persons whether willfully or through negligence
10%
The credit must be due and demandable.
What cannot be demanded at once?
Anonymous Quiz
8%
Obligations subject to a resolutory period.
13%
Deliverable subject to a resolutory condition.
11%
Obligations subject to no condition.
69%
Agreements subject to a suspensive period.
Which is not a requisite of rescissory action?
Anonymous Quiz
17%
3rd person who received the property conveyed of, by onerous title, has been an accomplice in fraud
30%
The right and actions are not purely personal or inherent in the person of the debtor.
25%
The act being impurged is fraudulent.
28%
The debtor has made a subsequent contract conveying a patrimonial benefit to a third person.
It is a meeting of minds between two persons whereby one binds himself, with respect to the other, to give something or to render some service.
Anonymous Quiz
2%
Quasi-contract
1%
Crime
0%
Quasi-delict
97%
Contract
Which primarily distinguishes a contract from quasi-contract and quasi-delict?
Anonymous Quiz
7%
Presence of prestation
24%
Presence of vinculum
52%
Presence of consent
17%
None of the above
Which of the following principles regarding obligations arising from contract is incorrect?
Anonymous Quiz
6%
Obligations arising from contracts have the force of law between contracting parties.
2%
Obligations arising from contracts should be complied with in good faith.
44%
Both a and b
48%
Neither a nor b
It is the stage of contract when the parties come to agree on the terms of the contract.
Anonymous Quiz
11%
Conception stage
84%
Perfection stage
5%
Consummation stage
0%
None of the above
In which stage of contract is consent between the parties not yet present?
Anonymous Quiz
85%
Conception stage
2%
Perfection stage
4%
Consummation stage
8%
None of the above
D borrowed P100,000 cash from C and signed a one-year interest bearing promissory note with 24% interest per annum. At the maturity date of the note, C refused to pay the P24,000 interest and invoked that the legal interest is only 6% per annum. What principle of contract requires D to pay the agreed rate of 24% interest per annum?
a. Obligatory force of contract
b. Mutuality of contract
c. Relativity of contract
d. Autonomy of contract
a. Obligatory force of contract
b. Mutuality of contract
c. Relativity of contract
d. Autonomy of contract
R enrolled in a Review Center for a face to face review. Due to the pandemic, the face to face review agreed by the contracting parties becomes legally impossible. R demanded for the refund of his tuition fees on the ground of fortuitous event. However, instead of refunding the whole tuition fees, the Review Center insisted on returning only the 50% of the fees and asked R to attend the online review class. However, R disagreed with the proposal. Despite R’s objection, the Review Center proceeded with the online review class and returned only 50% of the fees to R. What principle of contract is violated by this action of the Review Center?
a. Obligatory force of contract
b. Mutuality of contract
c. Relativity of contract
d. Autonomy of contract
a. Obligatory force of contract
b. Mutuality of contract
c. Relativity of contract
d. Autonomy of contract
E is an employee of a big auditing firm. E was granted a signing bonus amounting to P1,000,000 by the auditing firm for topping the CPALE. The contract of employment provides that E must stay in the firm for a period of at least one year. In case he failed to stay for at least one year in the firm, he must return the said signing bonus to the firm. E voluntarily agreed to such stipulation. What principle of contract allows E and his employer to enter to make such provision in the contract of employment?
a. Obligatory force of contract
b. Mutuality of contract
c. Relativity of contract
d. Autonomy of contract
a. Obligatory force of contract
b. Mutuality of contract
c. Relativity of contract
d. Autonomy of contract
Except in case of property regime regarding marriage settlement, what shall govern the relationships, rights and obligations of husband and wife who validly entered into a contract of marriage?
Anonymous Quiz
21%
Provisions of pre-nuptial agreement
76%
Provisions of Family Code of the Philippines
2%
Customs in the Philippines
1%
Provisions of Bible
Which of the following stipulations agreed by the contracting parties is valid?
a. A stipulation allowing the common carrier to exercise a diligence lower than the diligence of good father of a family for the transportation of goods
b. A stipulation allowing the common carrier to exercise a diligence lower than extraordinary diligence for the transportation of passengers
c. A stipulation exempting hotel-keepers from liability in case of loss of things brought inside the hotel by the guests
d. A stipulation prohibiting an audit manager of auditing firm from transferring to a major competitor in the NCR for a maximum period of 3 years
a. A stipulation allowing the common carrier to exercise a diligence lower than the diligence of good father of a family for the transportation of goods
b. A stipulation allowing the common carrier to exercise a diligence lower than extraordinary diligence for the transportation of passengers
c. A stipulation exempting hotel-keepers from liability in case of loss of things brought inside the hotel by the guests
d. A stipulation prohibiting an audit manager of auditing firm from transferring to a major competitor in the NCR for a maximum period of 3 years
Forwarded from Jeff
RFBT (Revised Corporation Code)
Where shall the denial of the stockholder's right to vote be provided for such denial to be valid?
Where shall the denial of the stockholder's right to vote be provided for such denial to be valid?
Anonymous Quiz
40%
A. By-laws of corporation
47%
B. Articles of Incorporation and certificate of stock
11%
C. Minutes of meetings
2%
D. Financial statements
Forwarded from work in progress
RFBT (Social Security Law)
Under the Social Security Act, a sole proprietor is considered as:
Under the Social Security Act, a sole proprietor is considered as:
Anonymous Quiz
25%
An employer
6%
An employee
56%
Both an employer and an employee
13%
Neither an employer nor an employee