VERITAS COLLEGE OF IROSIN

San Julian, Irosin, Sorsogon

=====================================================================
BACHELOR OF SCIENCE AND BUSINESS ADMINISTRATION (BSBA)
Business Law1
AY: 2020-2021, Second Semester

Subject: OBLIGATIONS AND CONTRACTS

DIAGNOSTIC EXERCISE NO. 3 (ANSWERS ONLY)

1. When alternative obligation in converted into a simple obligation?

2. Identify the five (5) rules in case of loss or impossibility before choice is communicated according
to Article 1204 of Obligation and Contracts?

3. Identify the four (4) rules in case of loss or impossibility before choice is communicated according
to Article 1205 of Obligation and Contracts?

4. Differentiate Alternative Obligation and a Facultative Obligation?

5. Differentiate Conjunctive Obligation and Distributive Obligation?

1|Page