OBLI FT QUIZ NO. 1 & FT WR NO.

1 (27 March 2020) Mondays & Thursdays,

0900-1030, Room 33-L

OBLI FT QUIZ NO. 1 (100 points) SECTION: _______ GROUP

No.______
OBLI FT WR NO. 1 (30 points) 27 March 2020
(Friday)

Take up one idea, make that one idea your life.

Think of it, dream of it, live on that idea.
Let the brain, muscles, nerves, every part of your body be full of that idea,
and just leave every other idea alone.
This is the way to success. – Swami Vivekananda

I. DIRECTIONS. Encode your answers immediately after every question. State the
legal justification for your answers in not more than three simple sentences.
(10 points each = 120 points)

1. On 21 January 2020, Jo, Mo and Bo promised to deliver to Jen and Len a BMW
car worth P6 million on 21 March 2020. On 15 February 2020, Jen and Len were able to
sell the BMW car to Ben for P7.2 million, and promised to deliver it to him on 25 March
2020. On 15 March 2020, Jo drove the car and sideswiped a garbage truck while
overspeeding along Roxas Boulevard. On 22 March 2020,
2020, if Jen goes to Bo demanding
for performance under this obligation,
obligation, how much will Bo be legally obliged to pay Jen?
Jen?

ANSWER: Answer

2. In a promissory note signed on 15 December 2018, Dan, San, Van and Zan
obliged themselves in this tenor: “We promise to pay Cai, Mai and Rai the amount of
P1.2 million on 15 December 2019 plus 10% interest. We also undertake to pay a
penalty interest of 24% per annum for failure to pay on maturity date”. As of 18
December 2019, all the debtors, except Zan, had fully paid their creditors under this
obligation. On 15 March 2020, since Zan had not made any payment, Cai demanded
from him payment under this obligation. How much can Cai legally compel Zan to pay
her?
her?

ANSWER: Answer

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OBLI FT QUIZ NO. 1 & FT WR NO. 1 (27 March 2020) Mondays & Thursdays,
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3. Leila owes Limuel P400,00000 payable in four equal monthly installments, to

wit: 15 November 2009 – P100,000.00; 15 March 2010 – P100,000.00; 15 July 2010 –
P100,000.00; and 15 November 2010 – P100,000.00. On 18 October 2009, the
Hongkong-bound plane, which Leila boarded, crashed in the waters of Hongkong shortly
before touch down. Nothing was heard of Leila, until she suddenly appeared in her home
in Cebu City on 20 March 2020. It appears that she was well from the amnesia she
suffered as a result of the crash. When Limuel heard that Leila was back, he sent Leila a
demand letter, dated 22 March 2020, collecting on her P400,000.00 debt plus 6% legal
interest. Leila, however, refuses to pay alleging that the debt had already prescribed.
Under the facts,
facts, does Leila’s contention hold water?
water? How will you resolve the herein
parties’ respective rights and obligations?
obligations?

ANSWER: Answer

4. Under a solidary obligation, Bon, Lon, Ton and Von owe Chi, Mi and Vi
P600,000.00 due for payment on 15 March 2020. On 15 December 2019, because of
Vi’s love for Ton, she remitted, without any of the parties knowing, his share under this
obligation. On 16 February 2020, Ton broke up with Vi. On 15 March 2020, Vi
demanded payment from Lon so that all the debtors may be completely released from
liability under this obligation. Under the facts,
facts, how much can Lon be legally compelled
to pay Vi?
Vi?

ANSWER: Answer

5. In the immediately preceding example, assume that Lon paid Vi resulting in the
release of all the debtors under this obligation. On 17 March 2020, Lon then goes to his
other co-debtors to ask for reimbursement. How much can he ask each of the other
debtors to pay him as reimbursement if at this time Bon had become insolvent?

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ANSWER: Answer

6. Chanda obliged herself to deliver to Jego on 21 February 2020 any one of the
following objects at Jego’s option: her Louis Vuitton backpack worth P120,000.00, her
Armani shoes worth P65,000.00, or her Ferragamo Tote worth P85,000.00. On three
separate days on 28 January, 30 January and 5 February 2020, Chanda lost her backpack,
shoes and Tote, respectively, because she left them on a bench in the hallway at school,
and the same were all stolen, and never recovered. On 1 March 2020, Jego demanded
from Chanda the payment of the value of the backpack in the amount of P100,000.00.
Under the facts, can Chanda legally compel Jego to accept as indemnity the value of the
Ferragamo tote in the amount of P85,0000?

ANSWER: Answer

7. Virgie obliged herself to pay Jun P500,000.00 on 15 June 2019, with a penalty of
P10,000.00 if she fails to pay on time. On 15 February 2020, since Virgie had not paid
her obligation yet, Jun demanded payment from her. Virgie then paid Jun the amount of
P500,000.00 plus P10,000.00 on 15 March 2020. Jun, however, avers that Virgie should
pay him P500,000.00 plus legal interest of 6% per annum as provided by law
corresponding to nine months from 15 June 2019 to 15 March 2020 – equivalent to
P22,500.00. Under the facts and the law applicable,
applicable, how much is Jun entitled to collect
from Virgie on 15 March 2020?
2020?

ANSWER: Answer

8. On 1 March 2020, Damian obliged himself to repaint the car of Corina, for a
consideration of P80,000.00, and to finish it within 30 days. It was also agreed by the
parties that if Damian is not able to finish the repainting job in 30 days, Damian will pay
Corina a penalty of P8,000.00. On March 5, 2020, however, Corina went to Damian
asking him to stop the repainting job. She demanded for the delivery of the car, and

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OBLI FT QUIZ NO. 1 & FT WR NO. 1 (27 March 2020) Mondays & Thursdays,
0900-1030, Room 33-L

insisted that Damian just pay the P8,000.00 penalty. Damian, however, insisted on
finishing the repainting job because he needed the money. Since Corina accedes to the
payment of the penalty instead of the performance of Damian’s obligation,
obligation, can she
legally compel him to just pay the penalty instead of performing the prestation?
prestation?

ANSWER: Answer
9. Dory owes Candice P500,000.00 due for payment on 20 March 2020. To secure
the obligation, Dory pledged and delivered to Candice his Rolex watch worth
P720,000.00. On 15 February 2020, Candice’s son Carlo borrowed the Rolex watch and
wore it on the night of their Senior’s Ball at the Manila Hotel. That same night, a 6-
intensity earthquake hit the City of Manila resulting in a stampede in the same event. On
that occasion, Carlo lost the Rolex watch. On 18 February 2020, Candice demanded
from Dory payment of the P500,000.00, unless he was willing to furnish a security
equally satisfactory with the first one provided. Under the facts,
facts, can Candice compel
Dory to pay his obligation on 18 February 2020?
2020?

ANSWER: Answer

10. Daniel obliged himself to sell to Chloe for P65,000.00 his Australian kangaroo
which was then pregnant. It was agreed upon by the parties that Daniel would deliver the
kangaroo to Chloe after it gave birth or, in default thereof, to pay a penalty of P5,000.00.
However, the kangaroo died while giving birth to its joey. Hence, Daniel was not able to
make good his obligation to Chloe. In view of the non-delivery of the kangaroo, Chloe
suffered actual damages amounting to P30,000.00, which she was prepared to duly prove
in court. She then filed an action against Daniel for damages. Daniel contends that he
cannot be made liable for damages as the death of the kangaroo was not due to his fault,
albeit he was willing to pay the penalty agreed upon in the amount of P5,000.00. Does
Daniel’s contention have legal basis?
basis? What is Daniel’s liability to Chloe under the
factual circumstances obtaining?
obtaining?

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ANSWER: Answer

11. On 5 March 2019, Dahlia promised to pay Camino her P200,000.00 debt if she
has the money. She also obliged herself to pay Camino a penalty interest of 24% per
annum in case of failure to pay on maturity date. On 5 September 2019, since Dahlia did
not communicate with Camino, he demanded from her payment of the obligation.
Dahlia, however, refused to make payments despite repeated demands from Camino. On
5 March 2020, Camino was forced to file an action in court for collection of a sum of
money against Dahlia. Camino prayed that the court order Dahlia to pay him the
P200,000.00 indebtedness, plus penalty interest computed from 5 September 2019
amounting to P24,000.00. Under the facts,
facts, is Camino’s prayer legally supported by the
facts and the law applicable to this case?
case?

ANSWER: Answer

12. On 15 January 2020, Beverly promised to deliver to Anjo her Dalmatian dog
worth P20,000.00 on 15 February 2020. On 17 February 2020, the dog gave birth to four
puppies. On 20 February 2020, the dog died of aneurysm. On 25 February 2020, Anjo
demanded for the delivery of the dog. Under the fact,
fact, what is the liability of Beverly to
Anjo?
Anjo?

ANSWER: Answer

NOTE: I will collect all papers at exactly 8:00 pm. All group
facilitators will submit their collective answers to the Class
Presidents, who will then submit the papers to our HRL OBLI GC
in FB Messenger. Thank you. – Atty. HRL 