Defective Contracts (Philippines)
Quiz
•
Business, Other
•
University
•
Practice Problem
•
Hard
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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A contract entered into by an incapacitated person is:
Void
Voidable
Rescissible
Unenforceable
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A written contract of sale of a computer worth P20,000.00 between S (seller), a minor, and B (buyer), an insane person. The computer has not been delivered and the price has not been paid.
Valid and enforceable
Rescissible
Voidable
Unenforceable
Void
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Aside from fraud and undue influence, the following are vices of consent, EXCEPT:
Violence
Intimidation
Mistake
Dealer's talk
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A written contract of sale of a lot between S (seller) and B (buyer) for P50,000.00. The lot is the only property of S who sold it to defraud C, his creditor. B was aware of the fraudulent intent of S in selling the lot to him.
Valid and enforceable
Rescissible
Voidable
Unenforceable
Void
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Contracts entered into in a state of drunkenness or during hypnotic spell are:
Valid
Voidable
Rescissible
Void
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A written contract of sale of a lot between S (seller) and B (buyer) for P50,000.00. The lot is the only property of S who sold it to defraud C, his creditor. B was not aware of the fraudulent intent of S in selling the lot to him.
Valid and enforceable
Rescissible
Voidable
Unenforceable
Void
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A contract entered into by an insane person during a lucid interval is:
Valid
Voidable
Rescissible
Void
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