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WorksheetsMidterm Quiz on Contracts
Total questions: 10
Worksheet time: 5mins
What is the essential reason which moves the contracting parties to enter into the contract?
Thing
Right
Cause
Service
According to cause, which type of contract is to give remuneration to the service previously rendered or given by the other party?
Remuneratory
Gratuitous
Onerous
Voidable
When are contracts considered to be perfected?
At the time of generation
At the time of acceptance
At the time of perfection
At the time of offer
What is the stage of the contract where it includes the bargaining of the subject of the obligation and the consideration?
Autonomy
Consummation
Perfection
Generation
What is the characteristic of a contract where it takes effect only between the parties, their assigns, and their heirs?
Relativity
Mutuality
Autonomy
Limitations
According to Article 1306, what is the limitation upon the establishment of stipulations, clauses, terms, and conditions?
They must not be contrary to law, morals, good customs, public order, or public policy
They must be reasonable
They must be fair
They must be just
What is the characteristic of a voidable contract?
It can be invoked by third person
It cannot be ratified
It can be enforced by a proper action
It cannot be annulled
What is the characteristic of an unenforceable contract?
It can be enforced without ratification
It can be assailed by third persons
It cannot be enforced by proper action
It cannot be ratified
What is the characteristic of a void contract?
It can be confirmed or ratified
It needs to be filed for annulment
The defect of nullity may not be invoked by anyone against whom the effects of the contract are asserted
It can produce effect against anyone
What is the characteristic of a rescissible contract?
It is defective due to injury or damage to either of the contracting parties or to third persons
It cannot be attacked directly
It is susceptible of convalidation by ratification
It cannot be rescinded by means of a proper action for rescission
