When the object of a contract 

is outside the commerce of man, the contract becomes unenforceable?

True

False

One of the following is a real contract:

a. barter

b. sale

c. donation

d. deposit

Causal fraud makes the contract voidable?

 True
 False

A contract which must be in a public document to be valid

a. Donation of real estate

b. Donation of personal property whose value exceeds P5,000

c. Sale of a piece of land through an agent

d. Sale of a piece of land

Which among the following is a void contract? 

a. contract of sale where the buyer pointed a gun to the wife of the seller for the latter to sign the deed of sale

b.  contract of sale for marijuana

c. contract between S, insane, and B, 17 years old; b) contract of sale for marijuana

d. contract of sale in which the buyer twisted the arm of the seller for the latter to sign the deed of sale.
Contracts take effect only between the contracting parties, their assigns and heirs, except in cases where the
obligations and rights arising from the contract are not transmissible by their nature, or by stipulation or provision of
law. This principle is known as: 

a. obligatory force of contract

b. mutuality of contract

c.  liberty of contract

d. relativity of contract

Essential elements of a contract are best described as:

a. Delivery of the object is not one of the essential elements.

b. Consent is one of the essential element.

c. An absence of which a contract will not exist

d. All of the above

The elements of a contract without which a contract would not exist are known as: 

a. natural elements

b.  accidental elements

c. special elements
 d. essential elements

Parties’ agreement to a contract is not subject to public policy.

 True
 False

Characteristics of void contract.

a. subject to prescription

b. none of the above

c. subject of ratification

d. curable

Annulment is proper when the parties’ meeting of mind is not properly expressed in a contract?
 True
 False

Mutuality of contract is best described as:

a. Requires autonomy of contract

b. That it must bind both contracting parties and that its validity or compliance cannot be left to the will of one
of them

c. None of the above

d. An absence of which a contract will not exist

A Statute of Frauds is best described as:

a. Requires a writing to prove a contract

b. Not necessary to sale of land

c. All of the above

 d. Applies to executed contract

A real contract has the following essential elements: 

a. consent of contracting parties, object certain, cause or consideration & delivery of object

b. consent of contracting parties, object certain & cause & formalities required by law

c. consent of contracting parties & cause or consideration

d. consent of contracting parties, object certain & cause or consideration 

A Real contract is best described as :

a. Must appear in writing for the perfection

b. The delivery of the object is required for the perfection

c. None of the above

d. Only the meeting of the minds of the parties is necessary

The contract must bind both contracting; its validity or compliance cannot be left to the will of one of the parties.
This principle of contract is known as: 

a. mutuality of contract

b. relativity of contract

c. obligatory force of contract

d. liberty of contract

A Rescissible Contract is best described as:

a. A contract entered by a minor

b. Applies to executory contract

c. Contract arising from defrauding a creditor

d. None of the above

An Unenforceable Contract is best described as:                            
a. Non-compliance of Statute of Frauds

b. All of the above

c. Susceptible of ratification

d. Contract entered into without authority

Which among the following is a voidable contract? 

a. contract between S, 18 years old, and B, 17 years old

b. Contract of sale in which the buyer twisted the arm of the seller for the latter to sign the deed of
sale
c. contract of sale where the buyer pointed a gun to the wife of the seller for the latter to sign the deed of sale

d. All of them

The principle that contracts are perfected by mere consent is known as: 

a. consensuality of contract

b. mutuality of contract

c.  consummation of contract

d. consistency of contract

A voidable contract is best described to be:

a. Valid & legally enforceable until judicially annulled

b. All of the above

c. Not curable by prescription

d. Not susceptible to ratification

B bought a baby boy from S. B knew that the baby boy was his illegitimate son from a woman named W, and which
W sold to S. The contract between B and S is: 
 a. void

b.  unenforceable

c. voidable

d.  valid

Which among the following is an unenforceable contract? 

a.  contract of sale in which the buyer twisted the arm of the seller for the latter to sign the deed of sale.

b.  contract of sale for marijuana

c. contract of sale where the buyer pointed a gun to the wife of the seller for the latter to sign the deed of sale

d. contract not in compliance with the Statute of Frauds

Elements that exist only when the contracting parties expressly provide for them are known as: 

a.  original elements

b.  essential elements

c. accidental elements

d.  natural elements