Obli 5

Obli 5

University

20 Qs

quiz-placeholder

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Obli 5

Obli 5

Assessment

Quiz

Specialty

University

Hard

Created by

Albert Rosario

Used 34+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A contracted B to travel to cybertron and procure the enigma of combination. What is the status of the contract? Why?

void

rescissible

unenforceable

valid

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

____________ refers to agreements which lack some or one or all the elements or do not comply with the formalities which are essential for the existence of the contract. What is?

inexistent contracts

inexistent agreements

illegal contracts

all of the above

Answer explanation

inexistent contracts are agreements which do not exist, void contracts are contracts that do exist but has no force and effect.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A sued C for collection. C countered that the contract he entered into was void. Which of the following grounds would render the contract void?

There was fraud in the provision as to scope

A was in delay in the delivery

One of the provisions are contrary to customs

There was error as to the due date

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A and D entered into a donation. A and D are married to different spouses. The donation was for their common child S, whom they left with E. Comes now H, husband of A, seeking to have the donation be declared void. Can H have the donation be declared void?

yes

No

it depends

none of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In question Number 4, what if the contract was one of Agency between A and D, would your answer be the same? Why?

yes

No

it depends

none of the above

6.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

An obligation is a ____________________ to give, to do or not to do. What is?

7.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

That which binds or connects the parties to an obligation. What is?

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