OBLIGATION AND CONTRACT ACTIVITY

QUIZ #4

TRUE OR FALSE

1. True - The need that an event occur at a specific time must terminate
the obligation after the time period has passed or it is clear that the
event won't occur.
2. True - If the debtor willfully hinders the performance of the
condition, it shall be deemed satisfied.
3. True - After the condition has been met, the effects of a conditional
duty to provide will go back to the day the obligation was created.
4. True - An object may be regarded as lost even though it is still
physically present if it is no longer in use or trade.
5. False - When a debtor is obligated to provide a specific good that is
subject to a suspensive condition, the good's unavoidable degradation
makes the debtor accountable for damages.
6. True - A condition might be an unrecognized historical occurrence
between the parties.