1 Is constituted from the moment a person receives a thing belonging to another, with the ‘obligation of safely keeping It and returning the same. + Pledge + Deposit (correct answer, your response) + Formal contract + Commadatum Points earned: 1 out of 1 2.15 a contract whereby almost all of ts provisions are drafted by one party. + Nominate * Contract of adhesion (correct answer, your response) + Auto-contract + Gratuitous Points earned: 1 out of 1 3. The exceptional cases to the principle of relativity of contracts are the folowing, except: «Ifa contract should contain some stipulation in favor of a third person, he may demand its fulfilment provided he communicated his acceptance to the obligor before its revocation. + In contracts creating personal rights. (correct answer, your response) + Creditors are protected in cases of contracts intended to defraud them. + Any third person who induces another to violate his contract. Points earned: 1 out of 1 4, Those which lack individuality and are not regulated by special provisions of law. + Nominate + Unilateral + Innominate (correct answer, your response) + Gratuitous: Points earned: 1 out of 1 5. Those which require not only the consent of the partes for thelr perfection, but also the delivery of the object by any one of the party to the other, + Formal + Real (correct answer, your response) + Consensual * Principal Points earned: 1 out of 16, Any third person whe Induces another to violate his contract shal be liable for damages to the other contracting party + Quasi interference + Delict interference + Legal interference + Tort interference (correct answer, your response) Points earn out of 1 7. Those which give rise to an obligation for only one of the parties. + Informal + Formal + Unilateral (correct answer) + Bilateral (your response) Points earned: 0 out of 1 ‘8, Those in which each ofthe parties aspires to procure for himself a benefit through the giving of ‘an equivalent or compensation + Onerous (correct answer, your response) + Formal + Unilateral + Gratuitous Points earned: 1 out of 1 8. X offers to sel his house to for PAM. Y requested ifhe would accept P995,000. Which of the following is correct? + The correct is vold because there is no consent. + Y's response is a counteroffer because itis not absolute «Y's response is a mere request, hence the offer is still effective, (correct answer, your respanse) + Y's response is a counter-offer because it Is qualified Points earned: out of 1 10, The elements of tort interference are the fllowing, except: + Existence ofa vad contract, ‘+The third person is in goad faith. (correct answer, your response) ‘+ Knowledge on the part ofthe third person ofthe existence of a contract + Interference of the third person is without legal justification Points earn out of 211. Begins from the prospective contracting parties manifest their interest in the contract and ends at the moment of agreement of the parties. + Preparation (correct answer, your response) + Perfection + Consummation + None of the above Points earned: 1 out of 1 42. The contract must bind both contracting parties; its validity or compliance cannot be left to the wil of one of them. + Autonomy of contract + Relativity of contract + Formality of contract *+ Mutuality of contract (correct answer, your response) Points earned: 1 out of 1 13, The following are the rules in innominate contract, except: + ‘Stipulation of the parties. «The provisions of business law on obligations and contracts. (correct answer, your response) + The rules governing the most analogous nominate contracts. + The customs of the place. ints earned: 1 out of 1 14. A contract is in the stage of conception when? ‘+ There is meeting of the minds + Negotiations are in progress (correct enswer, your response) + The parties come to an agreement + The contract is perfect Points earned: 1 out of 1 15, The exceptions in relativity of contracts are the following, excet + Contracts are not transmissible by their nature. + Contracts are not transmissible by stipulation. + Contracts are not transmissible by provision of lav. + None of the above. (correct answer, your response) Points yrned: 1 out of 116. Those which give rise to reciprocal obligations for both parties. + Informal + Formal + Unilateral (your response) + Bilateral (correct answer) Points earned: 0 out of 3 117, The requisites of a stipulation pour autrul r a stipulation in favor of a thi person are the following, except: + There must be a stipulation in favor ofa third person. + The stipulation must be a part of the contract. (your response) ‘The contracting parties must have clearly and deliberately conferred a favor upon a third person, a mere incidental benef or interest. (correct answer) “The third person must have communicated his acceptance to the obligor before its revocation Points earned: 0 out of 1 418. Those which have their own individuality and are regulated by special provisions of lav + Nominate (correct answer, your response) + Unilateral + Innominate * Gratultous Points earned: 1 out of 1 19. Isa contract whereby the parties, by making reciprocal concessions, avoid ikigtion or put an end to one already commenced + Compromise agreement (correct answer, your response) + Auto-contract + Contract of adhesion + Memorandum of agreement Points earned: 1 out of 1 20, Its a meeting of minds between two persons whereby one binds himself, with respect to the other, to give something or to render some service. + Law + Contract (correct answer, your response) + Obligation + Memorandum of Agreement Points earned: 1 out of 121. Those which can exist only as a consequence of, or in relation with, another prior contract. + Principal + Preparatory + Accessory (correct answer, your response) + Formal Points earned: 1 out of 1 22. 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. * Principal + Preparatory (correct answer, your response) Accessory + Formal joints earned: 1 out of 1 23. Those which can subsist independently from other contracts and whose purpose can be fulfilled by themselves. + Preparatory + Accessory + Formal + Principal (correct answer, your response) Points earned: 1 out of 24, 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. + Autonomy of contract (correct answer, your response) * Relativity of contrect + Formalty of contract + Consensuality of contract, out of 125, Those where each of the parties has to account the acquisition of an equivalent af his Prestation, bt such equivalent, although pecuniariy appreciable, is not yet determined, atthe ‘moment ofthe celebration ofthe contract, since it depends upon the happening of an Luncertain event, thus charging the parties with the risk of loss or gain + Unilateral + Commutative + Aleatory (correct answer, your response) + Gratutous Points earned: out of 1 26. Which of the folowing may not be the object of @ contract of sale? + Things having a potential existence. + The sale ofa vain hope or expectancy. (correct answer, your response) + Future goods. + Answer not given. Points earnes outof 1 27. The following are the stages in the life ofa contract, except: + Preparation + Perfection + Consummation *+ None of the above (correct answer, your response) Points earned: outof 1 28. 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 from doing so? + autonomy of contracts + relativity of contracts ‘+ mutuality of contracts (correct answer, your response) + consensualty of contracts Points earned: 1 out of 1 23. Those which are perfected by the mere agreement ofthe partes. + Formal + Real + Consensual (correct answer, your response) Principal Points earned: 1 out of 130. Contracts take effect only between the parties, thelr assigns and helrs, except in case where the rights and obligations arising from the contract are not transmissible by thelr nature, or by stipulation or by provision of aw. + Autonomy of contract + Relativity of contract (correct answer, your response) + Formaiity of contract + Mutualty of contract out of 1