TUGAP, TIFFANY Q.

ACC 216 – Assignment 3

1. B. Homer was not justified in refusing to accept the tobacco leaves. He

consented to the terms and conditions of the sale and must abide by it.
Obligations arising from contract have the force of law between the
contracting parties.

2. A. Yes, Gary can compel Isaac to immediately pay the loan. Non-compliance
with the promised guaranty or security renders the obligation immediately
demandable. Isaac lost his right to make use of the period.

3. C. Pure Obligations

4. A did his obligation as he uses the laptop with diligence and preservations when
it was in his hands, however, as things gets older by the time, the laptop will be
expected not on the same shape. Both parties, or the obligor may have
alternative obligations (ART. 1199)

5. This is valid in ART. 1191 in which the power to rescind or to cancel obligations
is implied in reciprocal ones, in case one of the obligations should not comply
with what is incumbent upon him.