OBLIGATIONS AND CONTRACTS

Whoever pays for another may demand from the debtor in full what he has paid...

• if he paid without the knowledge of the debtor

• if he paid against the will of the debtor

• if he paid with the knowledge of the debtor

• if he paid in bad faith

An obligation which the fulfillment is not subject to a period or condition but immediately demandable:

• Conditional obligation

• Pure obligation

• Obligation with a period

• None of the above

The obligation where only one party is bound is called...

• personal

• real

• bilateral

• unilateral

A ______ contract is one whereby the delivery of the thing is necessary for the perfection of the Contract.

• real

• personal

• bilateral

• unilateral

The following are the elements of a Contract, except:

• Consideration

• Consent

• Prestation

• Object

A period designated in the obligation is presumed established for the benefit of...

• both the debtor and the creditor

• benefit of the creditor only

• benefit of the debtor only

• none

A and B entered into a contract whereby A, a public officer, would resign before his term expires and B would replace him and continue his term.

The contract was for a consideration.

Is the contract binding between the parties? Why?

• Yes, because there is consideration

• No, because the rights and obligations of the parties are not transmittable by their nature or by provision of law, thus their agreement is contrary to law

• Yes, because the parties agreed with the terms and condition

• No, because it is contrary to public moral

_______ creates the obligation to return the things which were the object of the contract, together with their fruits, and the price with its interest; consequently, it can be carried out only when he who demands ________ can return whatever he may be obliged to restore.

• Rescission

• Restoration

• Annulment

• Continuation

Set off; it is a mode of extinguishment to the concurrent amount of the obligation of persons who are in their own right reciprocally debtors or creditors of each other

• Novation

• Compensation

• Consignation

• Performance

Extinguishment of obligation by creating/ substituting a new one in its place

• Novation

• Compensation

• Consignation

• Performance