Take the Obligations and Contracts MCQs – Set 1 Quiz.
Obligations and Contracts - Set 1 [20 items]
Obligations and Contracts MCQs
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Question 1 |
[OC0102] Contracts which cannot be sued upon unless ratified, thus it is as if they have no effect yet are
A | Voidable |
B | Unenforceable |
C | Rescissible |
D | Void |
Question 2 |
[OC0117] An instrument may be reformed
A | Wills |
B | Simple donations inter vivos wherein no condition is imposed |
C | When the instrument does not express the true intention of the parties due to mistake |
D | When the real agreement is void |
Question 3 |
[OC0116] A defective contract where damage or lesion is essential
A | Unenforceable |
B | Rescissible |
C | Void |
D | Voidable |
Question 4 |
[OC0115] Rescission of contract can take place in this case
A | When the party seeking resolution can perform only as to part and as to remainder |
B | When he who demands rescission can return whatever he may be obliged to restore |
C | When the thing which is the object of the contract is legally in the possession of a third person who acted in bad faith |
D | When the seller cannot return the installments paid to him by the buyer |
Question 5 |
[OC0118] Three of the following contracts are void. Which one is not?
A | Oral contract of partnership of three partners and capital contribution is more than P3,000 in cash |
B | Written contract contemplating impossible services |
C | Oral contract of partnership where real estate is contributed as capital |
D | Agent's authority to sell land is given orally. |
Question 6 |
[OC0104] When the characters of the creditor and the debtor are merged in one and the same person, there is extinguishment of the obligation by
A | Merger of Rights |
B | Remission |
C | Compensation |
D | Novation |
Question 7 |
[OC0103] If the obligation of the debtor is "I will pay you my debt after I have arrived from abroad," this is
A | Unenforceable |
B | Conditional |
C | With a Period |
D | Void |
Question 8 |
[OC0113] This contract is without effect unless ratified:
A | Donation between husband and wife |
B | Marriage between first degree cousins |
C | Contract of sale between two insane persons |
D | Contract of sale between husband and wife |
Question 9 |
[OC0107] It is a mode of extinguishing an obligation when two persons in their own right are creditors of each other.
A | Confusion |
B | Compensation |
C | Reformation |
D | Novation |
Question 10 |
[OC0101] When the debtor binds himself to pay when his means permit him to do so, the obligation is:
A | With a Period |
B | Conditional |
C | Pure |
D | Simple |
Question 11 |
[OC0105] Through insidious words or machinations, A was able to induce B to enter into a contract which without them B would not have agreed to it. There is
A | Undue Influence |
B | Misrepresentation |
C | Fraud |
D | Mistake |
Question 12 |
[OC0119] When a third person assumes the payment of the obligation even without the knowledge and consent of the debtor but with the consent of the creditor
A | There is expromission if debtor is released |
B | There is delegation if debtor is released |
C | There is subrogation |
D | There is novation |
Question 13 |
[OC0112] Which of the following statements is false?
A | Execution of a certain number of days of work shall be divisible. |
B | Accomplishment of work by metrical units are divisible |
C | An obligation to pay a certain amount in ten annual installments is divisible. |
D | Obligations to give definite things and those that are not susceptible of partial performance shall be deemed divisible. |
Question 14 |
[OC0120] Which of the following is not an element of legal compensation?
A | There is controversy or adverse claim over any debts to be compensated |
B | There are two or more debts of the same kind |
C | Debts to be compensated are due and demandable |
D | There are two or more persons who are creditor or debtors of each other. |
Question 15 |
[OC0109] If the obligor binds himself to perform his obligation as soon as "he shall have obtained a loan" from a certain bank, this obligation is:
A | With a Term |
B | Suspensive |
C | Conditional |
D | Resolutory |
Question 16 |
[OC0111] Delay in the giving or delivering of a thing
A | Mora accipiende ex re |
B | Mora accipiende ex persona |
C | Mora solvendi ex persona |
D | Mora solvendi ex re |
Question 17 |
[OC0114] Which of the following contracts is not void ab initio?
A | That which is undertaken in fraud of creditors |
B | That which contemplates an impossible service |
C | Those whose object is outside the commerce of men |
D | That whose object did not exist at the time of transaction |
Question 18 |
[OC0110] Contracts entered into in a state of drunkenness or during a hypnotic spell are:
A | Voidable |
B | Valid |
C | Legal |
D | Void |
Question 19 |
[OC0106] "A sells to B his lot and house in the city if A decides to transfer and live in the countryside" is an example of:
A | Mixed Condition |
B | Potestative Condition |
C | Casual Condition |
D | Resolutory Condition |
Question 20 |
[OC0108] A contract is in the stage of conception when:
A | The parties come to an agreement. |
B | Negotiations are in progress. |
C | There is meeting of the minds. |
D | The contract is perfected. |
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