Quiz 1

IDENTIFICATION

__LESION______1. It is the damage caused by the fact that there is insufficient or inadequate
consideration.
__MOTIVE_____2. It is the private reason which a person has in entering into a contract.
__CONSENT____3. It is the meeting of the offer and the acceptance with respect to the thing and cause
of the contract.
_RATIFICATION__4. It is the remedy by which the instrument is corrected so that it will express the true
intention of the parties.
_RELATIVITY____5. It is the characteristic of the contract wherein the contract takes effect between the
parties, their heirs and assigns.
_TERMINATION_6. It is the stage in the contract wherein the parties will perform their respective
obligation.
_ABSOLUTE____7. A contract wherein the parties have no intention to be bound therein.
REGISTERED____8. It is the highest form of contract.
REAL RIGHT_____9. It is a right which is binding to the whole world.
__WRITTEN_____10. What is the form required by the Statute of Frauds?

Determine the status of the contract. Choices – Valid, Rescissible, Voidable, Unenforceable, Void
_____VALID_______1. Lucid interval
_VOIDABLE_______2. One of the parties is incapacitated.
_VOIDABLE_______3. Hypnotic spell
___VALID________4. Mistake of Law
_VOIDABLE_______5. Causal Fraud
UNENFORCEABLE__6. Violation of Statute of Faruds
UNENFORCEABLE__7. Both are incapacitated
UNENFORCEABLE__8. In excess of authority
_______VOID_____9. Sale between husband and wife
____VALID_______10. Dolo Incidente