1. A contract whereby the creditor acquires the right to receive the fruits of an immovable of the debtor, with the obligation to apply them to the payment of the interest, if owing, and thereafter to the principal of the credit.

THC 8 Q3

Quiz
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Other
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University
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Hard
Rodelo Luyao
Used 1+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Real mortgage
Loan
Pledge
Antichresis
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
2. A contract by virtue of which the debt or delivers to the creditor or to a third person a movable or document evidencing incorporeal rights for the purpose of securing the fulfillment of a principal obligation with the understanding that when the obligation is fulfilled, the thing delivered shall be returned with all its fruits and accessions.
Loan
Deposit
Real Mortgage
Pledge
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
3. By this contract, one of the contracting parties obligates himself to
transfer ownership of and to deliver a determinate thing, and other to pay therefor a price certain in money or its equivalent.
Agency
Sale
Loan
Deposit
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
4. A characteristic of a Contract of Sale where the the consideration for each party is the delivery of the thing or the payment of the price.
Consensual
Onerous
Commutative
Principal
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
5. A contract whereby a person, called the guarantor, binds himself to the creditor to fulfill the obligation of the principal debtor in case the latter should fail to do so.
Guaranty
Suretyship
Pledge
Loan
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
6. A kind of pledge Created by agreement of parties.
Legal
Casual
Conventional
General
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
7. contract of sale is perfected by mere consent.
Onerous
Consensual
Commutative
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