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True Fulfillment of a resolutory condition extinguishes

the obligation.
False Obligation arising from crime may be the subject
of compensation.

False As a rule, payment of debt shall be made at the


place of business or residence of the creditor.
True As a rule, the debtor is presumed to be at fault if
he is in possession of the thing due at the time it
was lost.
True As a rule, extrajudicial expenses required of
payment shall be for the account of the debtor. 

True In case of substitution of the debtor by


expromision, the new debtor’s insolvency or non-
fulfillment of the obligation shall not revive the
liability of the old debtor. 
False After maturity and demand by the creditor, loss
of the determinate thing constituting the object
of the obligation due to fortuitous event
extinguishes the obligation
False In case of payment by cession, creditors acquired
ownership of all properties of the debtor not
exempt from execution.
True If the debt produces interests, payment of the
principal shall not be deemed to have been made
until the interests have been covered.
True Fulfillment of a suspensive condition gives rise to
the obligation.

True A solidary creditor can assign his rights in the


obligation to his co-creditor even without the
consent of the others.
True A guarantor or surety or the owner of the
mortgaged property who pays the principal
obligation extinguishes the accessory contract of
guaranty, surety or mortgage and he is
subrogated in the rights of the creditor. 
True Substitution of the debtor either by expromision
or delegacion, consent of the creditor is required.
False Payment of debts in money shall be made in the
currency stipulated by the parties. 
False The creditor is not bound to accept payment or
performance by a third person who has interest
in the fulfillment of the obligation.
False If the object or prestation is indivisible, the
obligation is necessarily solidary.

True A solidary debtor who pays the obligation with


the consent of his co-solidary debtors is
subrogated in the rights of the solidary creditor/s.
False Active solidarity means a solidary debtor, in
relation to his co-debtors, possesses the
character of debtor only with respect to his share
in the obligation, but in relation to the common
creditor/s, represents all of the other debtors.
False Condonation of the principal debt carries with
the extinguishment of the accessory obligation
and vice-versa
False Assignment of credit is synonymous with
conventional subrogation

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