Explain the rule regarding whether a contract is consensual or real.

A contract is consensual if it is formed by the mere agreement of the parties involved.

A contract is real if it requires the transfer of a physical object to be valid.

A contract is consensual if it requires a formal written document.

A contract is real if it is formed by verbal agreement only.

What is the period of prescription for dependent civil actions during the pendency of the criminal action?

During the pendency of the criminal action, the period of prescription for dependent civil actions is suspended.

The period of prescription for dependent civil actions is 5 years during the pendency of the criminal action.

The period of prescription for dependent civil actions is 10 years during the pendency of the criminal action.

The period of prescription for dependent civil actions is not affected by the pendency of the criminal action.

Which of the following is NOT a requisite of liability in quasi-delict?

D) Pre-existing contractual relations

A) Fault or negligence of the defendant

B) Damage suffered by the plaintiff

C) Relation of cause and effect

What distinguishes a delict from a quasi-delict?

A delict is intentional, while a quasi-delict is unintentional.

A delict is a criminal act, while a quasi-delict is a civil wrong.

A delict involves a contract, while a quasi-delict does not.

A delict is a public offense, while a quasi-delict is a private matter.

Who are considered persons liable under quasi-delict?

The direct perpetrator and those who have control over them

Only those who have control over the perpetrator

Neither the perpetrator nor those who have control over them

a civil wrong not arising from a contract

According to the text, what is the nature of a quasi-delict?

A quasi-delict is a wrongful act that causes harm to another, without malicious intent, and is not classified as a crime.

A quasi-delict is an intentional act that causes harm to another and is classified as a crime.

A quasi-delict is a legal agreement between two parties.

A quasi-delict is a type of contract.

Which of the following is a right of the creditor in determinate obligations?

To ask for performance of the obligation

To deliver a thing which is neither of superior nor inferior quality

To be liable for damages in case of breach of the obligation

What is the effect of the death of the accused on civil actions?

The civil action continues against the estate of the deceased.

The civil action is stayed until a legal representative is appointed.

The civil action is automatically resolved in favor of the plaintiff.

Define 'default' in the context of voluntary breach through default.

'Default' refers to the failure to fulfill a legal obligation or duty, particularly in the context of a contract or agreement. In the case of a voluntary breach, it indicates that a party has not met their contractual obligations, either by not performing as agreed or by failing to make required payments.

'Default' refers to the successful completion of a legal obligation or duty, ensuring all contractual terms are met.

'Default' is the act of creating a new contract to replace an old one, often to improve terms.

'Default' is the process of negotiating terms to avoid fulfilling a contract.

List the three kinds of default mentioned in the text.

Strategic default, Technical default, Payment default

Technical default, Payment default, Cross default

Payment default, Cross default, Strategic default

Cross default, Technical default, Strategic default

What are the requisites of default?

The conditions that must be met for a default to occur

The penalties for defaulting on a loan

The benefits of avoiding default

The process of declaring bankruptcy

What is the general rule for the fulfillment of obligations by both parties?

Both parties must fulfill their obligations simultaneously.

One party must fulfill their obligations before the other.

Obligations can be fulfilled at any time by either party.

There is no general rule for the fulfillment of obligations.

What happens when delay is incurred in fulfilling an obligation?

The party may face penalties or damages.

The obligation is fulfilled automatically.

The obligation is transferred to another party.

What is the effect of default on the debtor?

The debtor's obligation is accelerated.

The debtor is relieved from the obligation.

The debtor's obligation is suspended.

The debtor's obligation is extinguished.

What are the two kinds of fraud mentioned in the text?

Identity theft and credit card fraud

Mortgage fraud and securities fraud

Healthcare fraud and welfare fraud

What is the difference between culpa contractual and culpa aquiliana as to the relationship of the parties?

Culpa contractual arises from a breach of contract, while culpa aquiliana arises from a tort or quasi-delict.

Culpa contractual and culpa aquiliana both arise from breaches of contract.

Culpa aquiliana is related to criminal liability, while culpa contractual is not.

Culpa contractual and culpa aquiliana are both related to tort law.

Explain the difference between negligence and fraud as described in the image.

Negligence is unintentional, while fraud is intentional.

Negligence involves a breach of duty, while fraud involves deception.

Negligence is a criminal act, while fraud is a civil wrong.

Negligence and fraud are both forms of intentional misconduct.

The regulatory power of the courts in cases of negligence is to:

interpret and apply laws to specific cases of negligence.

enforce laws and regulations related to negligence.

create new laws regarding negligence.

ignore existing laws and make decisions based on personal judgment.

The classifications of fortuitous events as mentioned in the image are:

Natural events and human-made events

Predictable events and unpredictable events

List the exceptions to the general rule regarding the effect of fortuitous events upon obligation.

A. There are no exceptions to the general rule.

B. Exceptions include cases where the law provides otherwise.

C. Exceptions include cases where the parties have agreed otherwise.

Under the Usury Law, what is required for the recovery of interest?

1) The payment of interest must be expressly stipulated 2) The agreement must be in writing 3) The interest must be lawful

4) The interest rate must be below the legal limit

5) The borrower must be informed of the interest rate

6) The lender must be a licensed financial institution

Which rights of obligations are transmissible in character?

Only property rights are transmissible

Only personal rights are transmissible

Which of the following are conditions/requisites for a debtor to whom the right or action properly pertains to be indebted to the creditor?

The debtor must have a legal obligation to pay.

The debtor must have a moral obligation to pay.

The debtor must have a social obligation to pay.

The debtor must have a personal obligation to pay.

What is the distinctive characteristic of a pure obligation?

It is not subject to any condition.

It is based on mutual agreement.

What is the general rule regarding the transmissibility of rights acquired by virtue of an obligation?

Rights acquired by virtue of an obligation are generally transmissible to third parties.

Rights acquired by virtue of an obligation are not transmissible to third parties.

Rights acquired by virtue of an obligation are only transmissible with the consent of the original parties.

Rights acquired by virtue of an obligation are only transmissible in the case of death.

Obligations & Contracts Reviewer

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Junajane Leon

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MULTIPLE CHOICE QUESTION

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Fill in the blank: A real contract is not perfected until the delivery of the ________ of the obligation.

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Obligations & Contracts Reviewer

90 questions

An obligation is:

Which of the following is a requisite of an obligation?

What is the difference between civil and natural obligations?

Which of the following is a source of obligation?

An obligation can arise from:

What are the two kinds of contracts mentioned in the text?

Fill in the blank: A real contract is not perfected until the delivery of the ________ of the obligation.

Explain the rule regarding whether a contract is consensual or real.

What is the principal kind of quasi-contract where a person voluntarily takes charge of the agency or management of the business or property of another?

Fill in the blank: Civil obligations arising from offenses shall be governed by the penal laws, subject to the provisions of Art 2177, Chapter 2 on Human Relations and Title 18 of the Civil Code on ________.

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