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Midterm Period Digital Learning Activity

Authored by Lupango, Krystle

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University

Used 2+ times

Midterm Period Digital Learning Activity
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is a contract in which almost all the provisions have been drafted by only one party, usually a corporation or insurance company.

Contract of Adhesion

Contract of Sale

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This characteristics of contracts means that contracts are binding only upon the parties and their successors-in-interest.

Mutuality of Contracts

Relativity of Contracts

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This stage of a contract refers to the fulfillment of the purpose for which the contract was constituted.

Perfection

Consummation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is a contract that is valid until annulled.

Voidable Contract

Rescissible Contract

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This characteristics of contracts means that the parties are free to stipulate terms and provisions in a contract, as long as these are not contrary to law, morals, good customs, public order, and public policy.

Consensuality of Contracts

Autonomy of Contracts

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Novation as a method of extinguishing an obligation pertains to the change or modification of an obligation by another, resulting in the extinguishment of an obligation.

TRUE

FALSE

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All kinds of works or services, whether physical or mental, is covered by the obligation to give.

TRUE

FALSE

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