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WorksheetsGY QUIZ TOPIC 1: CONTRACTS
Total questions: 10
Worksheet time: 5mins
In Mobil Oil Philippines v. Diocares, G.R. No. L-26371, the Supreme Court held that a failure of the instrument to be recorded:
results in the mortgage being vulnerable to being collaterally attacked.
results in the mortgage being "biding between the parties."
results in the mortgage being less "binding between the parties."
None of the above
There is no contract unless the following requisites concur, except:
Consent of the contracting parties and non-party participants
Object certain which is the subject matter of the contract
Cause of the obligation which is established
None of the above
All things which are not outside the commerce of men, excluding future things, may be the object of a contract.
True
False
In Mobil Oil Philippines v. Diocares, G.R. No. L-26371, the Supreme Court held that even if the instrument were not recorded, "the mortgage is nevertheless binding between the parties."
True, provided that the instrument is recorded prior to the collateral attack thereto
True, provided that the instrument is recorded subsequent to the collateral attack thereto
True
False
The object of every contract must be determinate as to its kind. An indeterminate object may be remedied by a new contract between the parties.
True
False
A third person can assail an unenforceable contract, provided that the same has undergone the process of a special proceeding that enables the deposit thereof to a quasi-judicial court.
True
False
The following are the classes of defective contracts under the present Civil Code, except:
Indeterminate
Rescissible
Voidable
Inexistent
A contract where consent is given through mistake, violence, intimidation, undue influence, or fraud is:
Void
Voidable
Rescissible
Inexistent
There is "mistake" if the party alleging it knew the doubt, contingency or risk affecting the object of the contract.
True
False
According to several cases decided by the Supreme Court, when did the New Civil Code take effect?
30th of August, 1950
29th of August, 1950
20th of September, 1950
29th of September, 1950
