REVIEWER BL 9

1. The ownership is not transferred but the property is merely subject to charge or lien as
security for the compliance of a principal obligation, usually a loan;
a. Mortgage
b. Dacion en pago
c. Cession
d. Pacto de retro

2. This right is not available if the transfer of ownership is gratuitous title.

a. Pacto de retro
b. Dacion en pago
c. Legal redemption
d. Conventional redemption

3. The legal right to a property having no physical existence,e.g. shares of stock, credit,
patent rights, etc.
a. Incorporeal property
b. Incorporate property
c. Corporate property
d. Corporeal property

4. The avoidance of a sale because of some defect in the thing sold, making it impossible to
use or had it known to the buyer beforehand, he would not purchase the thing. The object
is the rescission of the contract.
a. Accion quanti minoris
b. Accion rescission
c. Accion redhibitoria

5. The delivery of incorporeal property by the execution of a public document.

a. Simple delivery
b. Delivery agreement
c. Actual delivery
d. Constructive tradition

6. Simoy transferred to Petoy the ownership of his car, worth P 500,000.00 in consideration
of the amount of P 240,000.00 plus a hand tractor worth P 260,000.00. The contract
between them is actually a form of:
a. Commodatum
b. Barter
c. Partly sale; partly barter
d. Sale
REVIEWER BL 9