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Question 1
It is a meeting of minds between two persons whereby one binds himself, with respect to the other, to give
something or to render some service.
Response: Contract
Question 2
One of the following is a natural element of a sales contract.
Question 3
The requisites of a stipulation pour autrui or a stipulation in favor of a third person are the following, except:
Response: The contracting parties must have clearly and deliberately conferred a favor upon a third person, a mere
incidental benefit or interest.
Question 4
Contracts take effect only between the parties, their assigns and heirs, except in case where the rights and
obligations arising from the contract are not transmissible by their nature, or by stipulation or by provision of law.
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11/30/2020 ENABLING ASSESSMENT: General Provisions on Contracts - B-BLAW211; Law on Obligations and Contracts; BSA21;1S; AY20-21 - D…
Question 5
The following are the stages in the life of a contract, except:
Question 6
Obligations arising from contracts have the force of law between the contracting parties and should be complied
with in good faith. From perfection, the parties are bound not only to the fulfillment of what has been expressly
stipulated but also to all the consequences which according to their nature, may be in keeping with good faith,
usage and law. This is known as the principle of:
Question 7
Those which have for their object the establishment of a condition in law which is necessary as a preliminary step
towards the celebration of another subsequent contract.
Response: Preparatory
Question 8
Is constituted from the moment a person receives a thing belonging to another, with the obligation of safely
keeping it and returning the same.
Response: Deposit
Question 9
Those which give rise to reciprocal obligations for both parties.
Response: Bilateral
Question 10
The fulfillment of the contract is dependent upon chance
Response: Aleatory
Question 11
Those which have their own individuality and are regulated by special provisions of law.
Response: Nominate
Question 12
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11/30/2020 ENABLING ASSESSMENT: General Provisions on Contracts - B-BLAW211; Law on Obligations and Contracts; BSA21;1S; AY20-21 - D…
Question 13
D borrowed a sum of money from C with a certain rate of interest. C now wants to increase the rate of interest
without the consent of D. What principle in contracts prohibits C from doing so?
Question 14
The contracting parties may establish such stipulations, clauses, terms and conditions as they may deem
convenient, provided they are not contrary to law, morals, good customs, public order or public policy.
Question 15
The elements of tort interference are the following, except:
Question 16
Is a contract whereby almost all of its provisions are drafted by one party.
Question 17
There is no contract unless the following requisites concur, except
Question 18
These are the basic principles or characteristics of a contract. Which is the exception?
Question 19
Any third person who induces another to violate his contract shall be liable for damages to the other contracting
party.
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11/30/2020 ENABLING ASSESSMENT: General Provisions on Contracts - B-BLAW211; Law on Obligations and Contracts; BSA21;1S; AY20-21 - D…
Question 20
Which of the following is not a valid stage of a contract?
Response: Introduction
Question 21
Contracts are effective and binding only between the parties, their assigns and heirs. Three of the following
enumerations are exceptions as provided by law. Which does not belong to the exception?
Response: Where one of the parties to the contract dies and thereafter a suit is filed on the basis of the contract.
Question 22
The contract may be said to have been fully executed when there is:
Response: Consummation
Question 23
Those which require not only the consent of the parties for their perfection, but also the delivery of the object by
any one of the party to the other.
Response: Real
Question 24
Those in which each of the parties aspires to procure for himself a benefit through the giving of an equivalent or
compensation.
Response: Onerous
Question 25
In order that a stipulation in favor of a third person in a contract would be valid and binding upon the parties
thereto, three of the requisites are mentioned in the following enumerations. Which of them is not a requisite?
Response: That there must be an existing agency between either of the contracting parties and the third person.
Question 26
Is a contract whereby the parties, by making reciprocal concessions, avoid litigation or put an end to one already
commenced.
Question 27
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Question 28
Those which lack individuality and are not regulated by special provisions of law.
Response: Innominate
Question 29
Which of the following is not an exception to the principle of relativity?
Question 30
X offers to sell his house to Y for P1M. Y requested if he would accept P995,000. Which of the following is
correct?
Response: Y's response is a mere request, hence, the offer is still effective.
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