BL1 Quiz No.2

BL1 Quiz No.2

Multiple Choice

Several objects or prestation which are due but may be complied with by the delivery of another object or performance of only 1 of the item; choice may pertain to creditor or even 3rd person

• Joint obligation

• Alternative obligation

• Facultative Obligation

• Solidary obligation

Multiple Select

Modes of extinguishing an obligation

• Suspensive condition

• Payment or Performance

• Impossible Obligation

• Novation

• Compensation

Multiple Choice

It is the designation of debt which is due to which the payment must be applied when 1 and same debtor has several obligation of same kind in favor of 1 and same creditor

• Performance

• Confusion or merger of rights of the creditor and debtor

• Application of Payment

• Annulment

• Prescription

Multiple Choice

The right to designate the debt to which payment shall be applied belongs to creditor

• True

• False

Multiple Choice

Debt which is the easiest to pay must be settled 1st

• True

• False

Multiple Choice

1 object due may be complied with by the delivery of another object or performance of another prestation in substitution; choice pertains to debtor

• Facultative obligation

• Resolutory condition

• Divisible obligation

• Positive Obligation

Multiple Choice

The debtor alienates in favor of the creditor property for the satisfaction of monetary debt

• Alternative Obligation

• Dacion en pago

• Annulment

• Rescission

• Fulfilment of a resolutory condition

Multiple Select

Consigantion can be done prior to tender of payment

• True

• False

Multiple Choice

It is the gratuitous abandonment by creditor of his rights

• Tender of payment

• Condonation or remission of debt

• Fulfillment of a resolutory condition

• Prescription

Multiple Choice

Taxes can be the subject of compensation (set off)

• True

• False

Multiple Choice

Compensation is allowed even if there is a retention or controversy commenced by 3rd persons over either of the debts and communicated in due time to the debtor

• True

• False

Multiple Select

It is the changing of object or principal condition

• Prescription

• Annulment

• Novation

• Compensation

Multiple Choice

It is effected with consent of creditor at instance of old debtor with the concurrence of new debtor

• Expromission

• Delegacion

• Subrogation

• Compensation

Multiple Choice

It is the agreement of parties; intervention and consent of 3 persons: original creditor, new creditor and debtor

• Expromission

• Delegation

• Conventional Subrogation

• Legal Subrogation

• Prescription

Multiple Choice

If the thing is improved by its nature, or by time, the improvement shall inure to the benefit of the debtor

• True

• False