Answer Questio Article Question

n no. no.
A 1 1458 One of the contracting parties obligates
himself to transfer the ownership and to
deliver a determinate thing, and the other to
pay therefore a price certain in money or its
equivalent.
A. CONTRACT OF SALE
B. CONTRACT OF DELIVERY
C. NOMINATE CONTRACT
D. CONVEYANCE CONTRACT
A 2 1459 The thing which is the object of the contract
must be such and the vendor to have legal
right over the thing.
A. LICIT
B. TANGIBLE
C. REAL
D. INTANGIBLE
C 3 1460 A thing is determinate when it is particularly
designated or physically segregated from all
others of the same class.
A. COMMON THING
B. INDETERMINATE THING
C. DETERMINATE THING
D. THING OWED
D 4 1461 This is a future thing that can be the object
of sale.
A. EMPTIO CAVEAT
B. EMPTIO EMPTOR
C. EMPTIO SPAE
D. EMPTIO REI SPERATAE
C 5 1462 Those goods that are owned by the seller.
A. LIVE ANIMALS
B. PRE-EXISTING GOODS
C. EXISTING GOODS
D. FUTURE RECEIPT GOODS
C 6 1463 The sole owner of a thing may sell such in
terms of a parcel of land.
A. SEGMENT
B. DIRT
C. INTEREST
D. WORMS
B 7 1464 In the case of the sale of these kinds of
goods, there may be a sale of an undivided
share of specific mass, though the seller
purports to sell and the buyer a definite
number, weight or measure of the goods in the
mass.
A. GOODS AVAILABLE FOR SALE
B. FUNGIBLE GOODS
C. COST OF GOODS SOLD
D. GOOD IN TANDEM
B 8 1465 A condition that upon fulfillment terminates
and already enforceable obligation and
entitles the parties to be restored to their
original positions.
A. SUSPENSIVE CONDITION
B. RESOLUTORY CONDITION
C. CRITICAL CONDITION
D. LEGAL CONDITION
A 9 1466 The agent receives the goods as goods of the
principal who retains his ownership over them.
A. AGENCY TO SELL
B. SALE OF PERSONAL PROPERTY
C. SALE BY AGENT
D. SALE BY AUCTION
D 10 1467 A person who, in the pursuit of the
independent business, undertakes to do a
specific job or a piece of work for other
persons, using his own means and methods
without submitting himself to control as to
the petty details.
A. LBC
B. JRS EXPRESS
C. UV EXPRESS
D. CONTRACTOR
C 11 1468 A thing is given in exchange of another thing.
A. SALE
B. TRADE
C. BARTER
D. LOOKING FOR
D 12 1469 A price certain is when it is sufficient that
it is in reference with another thing certain,
or that the determination thereof be left to
the judgment of such.
A. PAYOR
B. CREDITOR
C. DEBTOR
D. THIRD PERSON
B 13 1470 This state of price does not affect a contract
of sale, except as it may indicate a defect in
the consent, or that the parties really
intended a donation or some other act or
contract.
A. GROSS ADEQUACY
B. GROSS INADEQUACY
C. MILD ADEQUACY
D. MILD INADEQUACY
C 14 1471 A fictitious price.
A. REAL PRICE
B. FAIRYTALE PRICE
C. SIMULATED PRICE
D. GAMESHOE PRICE
A 15 1472 The price of securities, grains, liquids, and
 other things shall also be considered as such,
when the price fixed is that which the thing
would have on a definite day.
A. CERTAIN
B. UNCERTAIN
C. FALSE
D. MALICIOUS
A 16 1473 The fixing of the price can never be left to
the discretion of such.
A. ONE OF THE PARTIES
B. BOTH OF THE PARTIES
C. THIRD PERSONS
D. COURTS
D 17 1474 Where the price cannot be determined in
accordance with the preceding articles, or in
any other manner, the contract is deemed as
such.
A. INEFFECTIVE
B. EFFECTIVE
C. EFFICACIOUS
D. INEFFICACIOUS
B 18 1475 The contract of sale is such at the moment
there is a meeting of minds upon the thing
which is the object of the contract upon the
price.
A. DESTROYED
B. PERFECTED
C. DISSOLVED
D. CONSUMED
C 19 1476 A sale by such is perfected when the
auctioneer announces its perfection by the
fall of the hammer; or in other customary
manner.
A. CASH
B. BIDDING
C. AUCTION
D. GAMBLING
C 20 1477 The ownership of the thing sold shall be
transferred to such party upon the actual or
constructive delivery thereof.
A. VENDOR
B. VENDEE
C. DEBTOR
D. CREDITOR
A 21 1478 The parties may stipulate that ownership in
the thing shall not pass to such party until
he has fully paid the price.
A. PURCHASER
B. SELLER
C. VENDOR
D. CREDITOR
A 22 1479 A bilateral contract where by the prospective
 seller, while expressly reserving the
ownership of the subject property despite
delivery thereof to the prospective buyer,
binds himself to sell the said property
exclusively to the prospective buyer upon
fulfillment of the agreed-upon condition,
which is full payment of price.
A. CONTRACT TO SELL
B. CONTRACT OF SALE
C. CONTRACT OF AGENCY
D. CONTRACT OF A DETERMINATE THING
B 23 1480 Property lost to the owner.
A. RES PERIT DOMINUM
B. RES PERIT DOMINO
C. FACIO UT FACIAS
D. ALIUMFACIT PER ALIUM SE
C 25 1481 When a small quantity is exhibited by the
seller as a fair specimen of the bulk, which
is not present and there is no opportunity to
inspect or examine the same.
A. SALE BY DESCRIPTION
B. SALE OF CRUMBS
C. SALE BY SAMPLE
D. SALE OF PROPERTY
D 26 1482 A deposit by a prospective buyer to show a
good-faith intention to complete the
transaction, and ordinarily forfeited if the
buyer defaults.
A. DOWN PAYMENT
B. MONEY DOWN
C. OPTION MONEY
D. EARNEST MONEY
B 27 1483 When a sale of a piece of land or any interest
therein is through an agent, the authority of
the latter shall be in such, otherwise, the
sale shall be void.
A. DRAWING
B. WRITING
C. EXPRESSED
D. WORD OF MOUTH
B 28 1484 The vendor can have different remedies in the
case that it is a contract of sale of personal
property of which is payable in such.
A. LUMPSUM
B. INSTALLMENT
C. CREDIT
D. CASH
B 29 1485 The vendor can have different remedies in the
case that it is a contract of sale of personal
property of which is payable in such.
A. LUMPSUM
B. INSTALLMENT
 C. CREDIT
D. CASH
B 30 1486 The vendor can have different remedies in the
case that it is a contract of sale of personal
property of which is payable in such.
A. LUMPSUM
B. INSTALLMENT
C. CREDIT
D. CASH
B 31 1487 The expenses for the execution and
registration of the sale shall be borne by
this party, unless there is a stipulation to
the contrary.
A. DEBTOR
B. VENDOR
C. VENDEE
D. CREDITOR
D 32 1488 A governmental taking or modification of an
individual’s property rights.
A. EXAMINATION
B. EXPERFIRATION
C. EXPLOITATION
D. EXPROPRIATION
C 33 1489 These are certain persons, under certain
circumstances, cannot buy certain property.
A. ABSOLUTE INCAPACITY
B. ABSOLUTE CAPACITY
C. RELATIVE INCAPACITY
D. RELATIVE CAPACITY
C 34 1490 Such cannot sell property to each other except
when a separation of property was agreed upon
in the marriage settlements.
A. FRIENDS
B. BUSINESS PARTNERS
C. HUSBAND AND WIFE
D. JUDICIAL PERSONS
B 35 1491 The following persons cannot acquire by
purchase, even at a public or judicial
auction, either in person or through the
mediation of another, except:
A. EXECUTORS AND ADMINISTRATORS
B. HUSBAND AND WIFE WITH AGREEMENT TO SEPARATE
PROPERTY
C. AGENTS
D. GUARDIANS
B 36 1492 The prohibitions in the two preceding articles
are applicable in the following except:
A. RENUNCIATIONS
B. GOOD FAITH
C. COMPROMISE
D. LEGAL REDEMPTION
C 37 1493 If the thing which is the object of the
 contract has been entirely lost the contract
shall be without any effect.
A. VIRTUALLY LOST
B. RELATIVELY LOST
C. COMPLETELY LOST
D. PARTIALLY LOST
D 38 1494 If the thing should have been lost in part
only.
A. VIRTUALLY LOST
B. RELATIVELY LOST
C. COMPLETELY LOST
D. PARTIALLY LOST
A 39 1495 The following are the obligations of the
vendor except:
A. TO THROW AWAY THE THING IN THE CASE THAT IT
GETS DESTROYED
B. TO DELIVER THE THING
C. TO TRANSFER OWNERSHIP OF THE THING SOLD
D. TO TAKE CARE OF THE OBJECT SOLD PENDING
DELIVERY
A 40 1496 This is not essential to the transfer of
ownership as long as the property sold has
been delivered.
A. PAYMENT
B. DELIVERY
C. DEED OF SALE
D. RECEIPT
A 41 1497 The thing sold is placed in the control and
possession of the vendee.
A. REAL DELIVERY
B. ACTUAL DELIVERY
C. QUASI-TRADITION
D. SYMBOLICAL DELIVERY
C 42 1498 A document prepared by a notary public in the
presence of the parties who sign it before
witnesses.
A. MUSICAL INSTRUMENT
B. PRIVATE INSTRUMENT
C. PUBLIC INSTRUMENT
D. LEGAL INSTRUMENT
B 43 1499 The delivery of movable property may likewise
be made by such or the agreement of the
contracting parties.
A. PAYMENT
B. CONSENT
C. CONTRACT
D. BILL OF LADING
A 44 1500 Under this kind of delivery, the law considers
all the formalities that have taken place by
agreement of the parties.
A. TRADITION CONSTITUTUM POSSESSORIUM
B. TRADITIO LONGA MANU
 C. TRADITIO BREVI MANU
D. TRADITIO SYMBOLICA
D 45 1501 Delivery of an incorporeal property consists
of the following except:
A. THE USAGE OF RIGHTS AWITH CONSENT
B. CONVEYANCE OF RIGHTS AND TITLE
C. EXECUTION OF A PUBLIC INSTRUMENT
D. PRIVATE INSTRUMENT
B 46 1502 Ownership passes to the buyer on delivery and
subsequent return reverts ownership in the
seller.
A. SALE ON RETURN
B. SALE OR RETURN
C. ABSOLUTE SALE
D. SALE ON TRIAL
A 47 1503 When there is the presence of this contract,
the seller may, by the terms of the contract,
reserve the right of possession or ownership
in the goods until certain conditions have
been fulfilled.
A. SALE OF SPECIFIC GOODS
B. SALE OF COMMON GOODS
C. SALE OF GOODS
D. SALE OF GOOD THINGS
B 48 1504 The risk of loss of specific goods is borne by
this party until the ownership therein is
transferred to the buyer.
A. BUYER
B. SELLER
C. HANDLER
D. CARRIER
C 49 1505 Where goods are sold by a person who is not
such thereof, and who does not sell them under
authority or with the consent of the owner,
the buyer acquires no better title to the
goods than the seller had.
A. BUYER
B. SELLER
C. OWNER
D. BROKER
B 50 1506 Before a voidable contract is annulled, it is
considered as such.
A. RECISSIBLE
B. VALID
C. ONEROUS
D. COMMUTATIVE
D 51 1507 It includes all chattels personal but not
things in action or money of legal tender in
the Philippines.
A. QUEDAN
B. DOCK WARRANT
C. BILL OF ALDING
 D. GOODS
A 52 1508 Someone who receives personal property from
another, and has possession of but not title
to the property.
A. BAILEE
B. BAILOR
C. CARRIER
D. CONTRACTOR
A 53 1509 Where by the terms of the document, the one
issuing the same undertakes to deliver the
goods to the bearer.
A. DELIVERY
B. INDORSEMENT
C. ENDORSEMENT
D. NEGOTIOATION
A 54 1510 It cannot be negotiated.
A. NON-NEGOTIABLE DOCUMENT
B. NEGOTIABLE DOCUMENT
C. PUBLIC DOCUMENT
D. PRIVATE DOCUMENT
A 55 1511 It cannot be negotiated.
A. NON-NEGOTIABLE DOCUMENT
B. NEGOTIABLE DOCUMENT
C. PUBLIC DOCUMENT
D. PRIVATE DOCUMENT
C 56 1512 The following cannot negotiate except:
A. THE SEC
B. THE BUYER
C. THE OWNER OF OBJECT
D. THE BOARD
C 57 1513 A person to whom a negotiable document of
title has been negotiated does not acquire the
following except:
A. MONEY
B. COMMISSION
C. OBLIGATION OF THE BAILEE TO HOLD THE GOODS
D. PRAISE
A 58 1514 Someone who receives personal property from
another, and has possession of but not title
to the property.
A. BAILEE
B. BAILOR
C. CARRIER
D. CONTRACTOR
C 59 1515 The negotiation shall take effect as of the
time when such is actually made.
A. ACCEPTANCE
B. INDORSEMENT
C. ENDORSEMENT
D. PERFECTION
A 60 1516 The transfer of rights or property.
A. ASSIGNMENT
 B. NEGOTIATION
C. CONVEYANCE
D. DELIVERY
B 61 1517 Effect of failure of bailee or previous
endorsers to the following:
A. IT SHALL NOT MAKE THE PAST ENDORSER LAIBLE
B. IT SHALL NOT MAKE THE PRESENT ENDORSER
LIABLE
C. IT SHALL NOT MAKE THE FUTURE ENDORSER
LIABLE
D. IT SHALL NOT MAKE THE PRECEDING ENDORSER
LIABLE
C 62 1518 Such of the negotiation of a negotiable
document title is not impaired by the fact
that the negotiation was a breach on duty one
the part of the person making the negotiation.
A. LEGALITY
B. CERTAINTY
C. VALIDITY
D. OMINOUSNESS
B 63 1519 Such party shall in no case be compelled to
deliver up the actual possession of the goods.
A. BAILOR
B. BAILEE
C. CARRIER
D. OWNER
C 64 1520 A court order commanding or preventing an
action.
A. ATTACHMENT
B. ATTESTATION
C. INJUNCTION
D. CIVIL INTERDICTION
C 65 1521 When must demand or tender of delivery be
made?
A. AT A REASONABLE WEEK
B. AT A REASONABLE DAY
C. AT A REASONABLE HOUR
D. AT AN UNREASONABLE HOUR
D 66 1522 An estimate of a good, service, or asset’s
potential price, based on a rational and
unbiased assessment of the amount at which it
could currently be bought and sold between
willing parties.
A. AMORTIZED COST
B. HISTORICAL COST
C. NET REALIZABLE VALUE
D. FAIR VALUE
C 67 1523 Delivery to the carrier is delivery to such,
if the seller is required to send the goods to
the buyer.
A. OWNER
B. SELLER
 C. BUYER
D. BROKER
C 68 1524 Contract of sale is considered as such.
A. UNFAVORABLE
B. ILL WILLED
C. RECIPROCAL
D. UNFAIR
A 69 1525 When the whole of the price has not been paid
or tendered.
A. UNPAID SELLER
B. PAID SELLER
C. WHOLESALE SELLER
D. RETAIL SELLER
C 70 1526 The following are remedies of an unpaid seller
except:
A. RIGHT TO RESALE
B. RIGHT TO RESCIND
C. RIGHT OF TAKING GOODS IN TRANSIT
D. POSSESSORY LIEN
B 71 1527 The seller may do so his right of lien
notwithstanding that he is in possession of
the goods as agent or bailee for the buyer.
A. EXTORT
B. EXERCISE
C. CLAIM
D. BUY
C 72 1528 The unpaid seller may do so his right of lien
on the remainder that has not been delivered.
A. CLAIM
B. EXTORT
C. EXERCISE
D. BUY
A 73 1529 The unpaid seller loses his lien by such.
A. THE WAIVER THEREOF
B. PAYMENT FOR RIGHT
C. RIGHT OF USE
D. ILLEGAL OBTAINMENT
B 74 1530 Having liabilities that exceed the value of
assets.
A. SOLVENT
B. INSOLVENT
C. CAPACITY
D. WEALTHY
A 75 1531 If the goods are rejected by the buyer, and
the carrier or other bailee continues in
possession of them, even if the seller has
refused to receive them back.
A. GOODS IN TRANSIT
B. GOODS NO LONGER IN TRANSIT
C. TANGIBLE GOODS
D. GOODS WILL
B 76 1532 Someone who authorizes another to act on his
 or her behalf as an agent.
A. AGENT
B. PRINCIPAL
C. PRINCIPLE
D. SECRET AGENT
C 77 1533 The right of resale applies only if the title
of goods has already passed to buyer.
Otherwise the remedy is such.
A. VALID
B. NEGOTIABLE
C. INVALID
D. ABSOLUTE
C 78 1534 The transfer of title shall not be held to
have been rescinded by an unpaid seller until
he has manifested by such to the buyer or by
some other overt act an intention to rescind.
A. ALARM
B. ALERT
C. NOTICE
D. MEMORANDUM
B 79 1535 The unpaid seller’ right of lien or stoppage
in transitu is not affected by any such sale,
or other dispositions of the goods which such
party may have made.
A. SELLER
B. BUYER
C. DELIVERER
D. CARRIER
B 80 1536 Such party is not bound to deliver the thing
sold because the vendee has lost the right to
make use of the term.
A. VENDEE
B. VENDOR
C. BAILEE
D. BAILOR
A 81 1537 It signifies all of those things which are
produced by the thing which is the object of
the obligation as well as all of those which
are naturally or artificially attached
thereto.
A. ACCESSIONS
B. ACCESSORIES
C. ATTACHMENTS
D. ACCUSATIONS
A 82 1538 A person who has the right to the benefits of
another’s property.
A. USUFRUCTAURY
B. USER
C. USER OF FRUITS
D. CAPITALISTS
A 83 1539 If the vendee would not have bought the
immovable had he known of its smaller area of
 inferior quality, he may do so to the sale.
A. RESCIND
B. REDACT
C. REPRIMAND
D. REPORT
D 84 1540 If the vendee accepts the whole area of the
sale, he must do so for the same at the
contract rate.
A. CREDIT
B. INSTALL
C. ABSCOND
D. PAY
C 85 1541 A sale conducted under the authority of a
judgment or court order such as an execution
sale.
A. LEGAL SALE
B. SALE ON TRIAL
C. JUDICIAL SALE
D. SALE BY SAMPLE
B 86 1542 In the sale of such, made for a lump sum and
not at the rate of a certain sum for a unit of
measure or number, there shall be no increase
or decrease of the price, although there be a
greater or less area or number than that
stated in the contract.
A. ANY PROPERTY
B. REAL ESTATE
C. MOVABLE PROPRTY
D. MORTGAGES
B 87 1543 The action for rescission arising from
articles 1539 and 1542 shall prescribe in six
months counted from the day of delivery.
A. PRESCRIPTION
B. PRESCRIPTIVE PERIOD
C. PERIOD
D. MINUTES
C 88 1544 The following are the requisites of double
sale except:
A. Two or more valid contact of sale
B. Two or more buyers who are at odds over the
rightful ownership of the object must
represent conflicting interests
C. They must be brought from a different
seller
D. They must pertain exactly to the same
object
A 89 1545 May for part of the obligation or contract by
provision of the law without the parties
having agreed thereto.
A. WARRANTY
B. CONDITION
C. LEASE
 D. PIECE OF WORK
B 90 1546 A warranty created by the overt words or
actions of the seller.
A. LEGAL WARRANTY
B. EXPRESS WARRANTY
C. IMPLIED WARRANTY
D. EXTENDED WARRANTY
C 91 1547 An obligation imposed by the law when there
has been no representation or promise.
A. LEGAL WARRANTY
B. EXPRESS WARRANTY
C. IMPLIED WARRANTY
D. EXTENDED WARRANTY
B 92 1548 The act or process of legally dispossessing a
person of land or rental property.
A. EXJUDICATION
B. EVICTION
C. INCARCERATION
D. INSOLVENCY
D 93 1549 The vendee need not appeal from the decision
in order that the vendor may become liable for
eviction in the case that:
A. THE DECISION IS STILL BEING PERFECTED
B. THE DECISION IS TO BE CONSIDERED
C. THE DECISION IS PRELIMINARY
D. THE DECISION IS FINAL
A 94 1550 The effect of the lapse of time in creating
and destroying rights.
A. PRESCRIPTION
B. PERIOD
C. TIME
D. DAY CERTAIN
A 95 1551 If the property sold for nonpayment of taxes
due and not made known to the vendee before
the sale, the vendor is liable for such.
A. EVICTION
B. EXJUDICATION
C. DAMAGES
D. TERMINATION
D 96 1552 A debt that is evidenced by a legal judgment
or brought about by a successful lawsuit
against the debtor.
A. DEBTOR
B. DEBT IN OCCURENCE
C. LEGAL DEBT
D. JUDGMENT DEBT
D 97 1553 The buyer can do so to the obligation of the
vendor to answer for eviction.
A. ABSCOND
B. RESCIND
C. RETURN
D. WAIVE
D 98 1554 The waiver is made by the vendee without the
knowledge of the risk of eviction.
A. WAIVER OF RECORDS
B. WAIVERLY PLACE
C. WAIVER INTENCIONADA
D. WAIVER CONSCIENTE
B 99 1555 Such is not a remedy in total eviction.
A. WAIVER
B. RESCISSION
C. DAMAGES
D. SILENCE
A 100 1556 In the case of partial eviction, the vendee
can still return a portion of the remaining
object of sale; thus such is allowed.
A. RESCISSION
B. INSUBORDINATION
C. ABSCOND
D. RETROSPECTIVE
A 101 1557 A court’s last action that settles the rights
of the parties and disposes all issued in
controversy, except for the award of costs and
enforcement of the judgment.
A. FINAL JUGDMENT
B. PRELIMINARY JUDGMENT
C. PREPARATORY JUDGMENT
D. JUDICIAL JUDGMENT
102
A.
B.
C.
D.
103
A.
B.
C.
D.
104
A.
B.
C.
D.
105
A.
B.
C.
D.
106
A.
B.
C.
D.
107
 A.
B.
C.
D.
108
A.
B.
C.
D.
109
A.
B.
C.
D.
110
A.
B.
C.
D.
111
A.
B.
C.
D.
112
A.
B.
C.
D.
113
114
115
116
117
118
119
120