OBLICON MCQ

1. When the debtor binds himself to pay when

5. Through insidious words or machinations, A

his means permit him to do so, the obligation is:

was able to induce B to enter into a contract

which without them B would not have agreed to

a. Conditional

it. There is:

b. Pure
c. Simple

a. Undue Influence

d. With a Period

b. Fraud
c. Mistake

ANSWER: D

d. Misrepresentation
ANSWER: B

2. Contracts which cannot be sued upon unless

ratified, thus it is as if they have no effect yet
are:

6. "A sells to B his lot and house in the city if A

decides to transfer and live in the countryside"

a. Voidable

is an example of:

b. Rescissible
c. Void

a. Mixed Condition

d. Unenforceable

b. Potestative Condition
c. Casual Condition

ANSWER: D

d. Resolutory Condition
ANSWER: B

3. If the obligation of the debtor is "I will pay you

my debt after I have arrived from abroad," this is
7. It is a mode of extinguishing an obligation
a. Unenforceable

when

two

persons

in

b. With a Period

creditors of each other.

their

own

right

are

c. Void
d. Conditional

a. Confusion
b. Reformation

ANSWER: D

c. Compensation
d. Novation

4. When the characters of the creditor and the

ANSWER: C

debtor are merged in one and the same person,

there is extinguishment of the obligation by:
8. A contract is in the stage of conception when:
a. Compensation
b. Merger of Rights

a. There is meeting of the minds.

c. Novation

b. Negotiations are in progress.

d. Remission

c. The parties come to an agreement.

d. The contract is perfected.

ANSWER: B

ANSWER: B
ANSWER: A
9. If the obligor binds himself to perform his

13. This

obligation as soon as "he shall have obtained a

ratified:

contract

is

without

effect

unless

loan" from a certain bank, this obligation is:

a. Marriage between first degree cousins
a. With a Term

b. Contract of sale between two insane persons

b. Conditional

c. Contract of sale between husband and wife

c. Suspensive

d. Donation between husband and wife

d. Resolutory
ANSWER: B
ANSWER: B
14. Which of the following contracts is not void
10.

Contracts

entered

into

in

state

of

ab initio?

drunkenness or during a hypnotic spell are:

a. Those whose object is outside the commerce of men
a. Void

b. That whose object did not exist at the time of

b. Valid

transaction

c. Voidable

c. That which contemplates an impossible service

d. Legal

d. That which is undertaken in fraud of creditors

ANSWER: C

ANSWER: D

11. Delay in the giving or delivering of a thing

a. Mora solvendi ex re
b. Mora solvendi ex persona
c. Mora accipiende ex re
d. Mora accipiende ex persona
ANSWER: A

15. Rescission of contract can take place in this

case
a. When the thing which is the object of the contract is
legally in the possession of a third person who acted in
bad faith
b. When he who demands rescission can return
whatever he may be obliged to restore
c. When the party seeking resolution can perform only

12. Which of the following statements is false?

a. Obligations to give definite things and those that are
not susceptible of partial performance shall be deemed
divisible.

as to part and as to remainder

d. When the seller cannot return the installments paid
to him by the buyer
ANSWER: B

b. Execution of a certain number of days of work shall

be divisible.
c. Accomplishment of work by metrical units are
divisible
d. An obligation to pay a certain amount in ten annual
installments is divisible.

16. A defective contract where damage or lesion

is essential
a. Rescissible
b. Voidable

c. Unenforceable

a. Debts to be compensated are due and demandable

d. Void

b. There is controversy or adverse claim over any debts

ANSWER: A

to be compensated
c. There are two or more debts of the same kind
d. There are two or more persons who are creditor or

17. An instrument may be reformed d

debtors of each other.

a. Simple donations inter vivos wherein no condition is

ANSWER: B

imposed
b. Wills
c. When the instrument does not express the true
intention of the parties due to mistake
d. When the real agreement is void
ANSWER: C

18. Three of the following contracts are void.

Which one is not?
a. Oral contract of partnership of three partners and

Question: Why is it important that obligation in

contractsbe faithfully fulfiiled??
Answer: Laws are enacted to have order (or require
the performance of a particular action to achieve the
same) Since the terms and conditions of a contract are
considered the governing laws between parties, it is
necessary to faithfully fulfill one's obligation, that is, to
avoid the occurrence of dispute. Hence, why do we
have to fulfill our obligations, that is to achieving order
between
the
parties
to
the
contract.
Question: How do you apply the laws on
obligations and contracts to everyday activities
and
business
dealings?

capital contribution is more than P3,000 in cash

b. Written contract contemplating impossible services
c. Oral contract of partnership where real estate is
contributed as capital
d. Agent's authority to sell land is given orally.
ANSWER: A

19. When a third person assumes the payment of

the obligation even without the knowledge and
consent of the debtor but with the consent of
the creditor
a. There is novation
b. There is delegation if debtor is released
c. There is subrogation
d. There is expromission if debtor is released
ANSWER: D

20. Which of the following is not an element of

legal compensation?

Answer: We apply laws on obligations and contracts

unconsciously to our daily activities. One will not notice
that in performing a simple common task you have
applied several principles on obligations and contracts.
Like, for example, buying a piece of pandesal, the
buyer will offer to buy and the seller will accept. At this
point, once the seller and buyer agrees to the object
and price, and their minds have met; each of them will
not just rescind or refuse to comply. Even without
knowledge of law, one will not just back out from the
perfected
sale.
Then, after the perfection of the contract of sell;
unknowingly, they will go on to consummate the same.
The buyer will hand the money and the seller, in
return, will hand over the pandesal. A clear example of
reciprocal
obligations,
isn't?
If the money given is more than the price of the
pandesal, the seller will give the change. That is
because he knows no one should be enriched at the
expense of another; hence, he has the obligation to
return what is not due him. Likewise, if what was
delivered to the buyer is more than what he paid for,
he will return the same under the same principle,
creating
an
implied
obligation
to
return.
In a simple, but very common, transaction, the parties
are not aware that they are applying the basic
principles of law on obligations and contracts. They

might not be well versed, or even, have not had any

formal education, yet they apply these simple
principles of law unconsciously. Thus, If you ask: how

we apply laws on obligations and contracts on our daily

activities, we apply it unknowingly, but instinctively,
depending on one's value.