Tiêu đề RFBT Self Study Part 2.pdf ✅

OBLIGATIONS AND CONTRACTS 1. A promise to buy and sell a determinate thing for a price certain is: A. Reciprocally demandable B. Legally demandable C. Unilaterally demandable D. All of the choices 2. What cannot be demanded at once? A. Obligations subject to a resolutory period. B. Deliverable subject to a resolutory condition. C. Obligations subject to no condition. D. Agreements subject to a suspensive period. 3. A, a minor, 16 years of age, together with his brothers B and C, both of legal age are jointly and severally liable in a contract of loan to pay X the amount of P120,000. Upon maturity of the obligation, A: A. is liable to pay only the amount which benefits him. B. is liable to pay the amount of P60,000. C. is liable to pay the amount of P30,000. D. is liable to pay him the whole amount of P120,000. 4. Which of the following situations is the BEST example of executory consideration? A. Anton promises to pay Manny P50 tomorrow, in return, for Manny giving Anton, an orange tomorrow B. Anton promises to pay Manny P50 tomorrow, in return, for Manny giving Anton, an orange yesterday C. Anton pays Manny P50 today, in return, for Manny giving Anton an orange today. D. All of the choices. 5. 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? A. The period is for the benefit of the creditor and debtor. B. The obligor delivered before the period. C. The obligor is not aware of the period. D. The obligation involved is an obligation to do and not to do. 6. Which of the following statement is the BEST description of a "condition"? A. A term in a contract which provides that the contract will terminate on the happening of a particular event. B. A term in a contract, the consequences of breach of which cannot be determined until after the breach has occurred and the seriousness of the effects of the breach can be ascertained. C. A term which must be satisfied before a contract can come into existence D. A term in a contract, non-performance of which may result in rescission of the contract and/or damage to the plaintiff. 7. Mr. A was appointed by the court as guardian of the minor; X. Mr. A sold the vegetables that were planted in the lot of X. The value of the vegetables is P5,000 but Mr. A sold the vegetables for only P2,000. The contract is A. Unenforceable B. Void C. Voidable D. Rescissible 8. Where before making the contract of sale, the goods had perished without the knowledge of the seller, the contract of sale is void if the contract is for the sale of A. unascertained goods B. contingent goods C. future goods D. specific goods 9. A agreed to sell B all the bales of long staple Philippine cotton lying in his bodega. Unknown to both the parties, the cotton had already destroyed in an accidental fire. In this case, the contract of sale is ______. A. Voidable, at the option of the seller. B. Voidable, at the option of the buyer. C. Not void, as the contract of sale is for unascertained goods D. Void, as the contract of sale is for specific goods. 10. Which of the following statement is the BEST description of a “condition”? a. A term in a contract which provides that the contract will terminate on the happening of a particular event. b. A term in a contract, the consequences of breach of which cannot be determined until after the breach has occurred and the seriousness of the effects of the breach can be ascertained. c. A term which must be satisfied before a contract can come into existence. d. A term in a contract, non- performance of which may result in rescission of the contract and/or damage to the plaintiff. 11. Demand is necessary in this situation for the debtor to be in delay: