= §3 SCRIBD | Search Q ) su Naawan Business law Name! Score: Year & Section: ‘Test | True or False 1. In: mutuum or loan, ome of the parties delivers to anather something not consumable so thatthe later may use the same for a eertai time and return i, False 2. Muuun is esserrially gratuitous, False 3. In commodatum one of the parties «lelivers money or consumable thing upon the condition thatthe same amount ‘ofthe same kind and quality shall be paid. False 4. In commodatum and mutuum ownership of the thing loan is transferred tothe borrower: False §. Commodatum and mutuum involve real and personal property, False 6. The bailee in commiodatum aequites the use of the thing loaned and its fruits, False 7. The hailee in commiodatum can lend ot lease the object of the contract to a third person. Fase 8. When there ate tw oF mote bailees to whom « thing is loaned in the same contract, they are line jointly, False 7. A contract whereby one person transfers the ownership of non-fungible things to another with the obligation on the par of the later to give things ofthe same kind, quantity and quality shall be considered a loan, False 8. Precarium is a kind of mutuum where the bailor may demand the thing loaned at wil, Fabse 9. An agreement to constitute a deposit i binding and is perfected from the mioment there is meeting of minds. True 10, Movable and immovable things may be the object of judicial deposit, True 11. The depositary can make use of the things deposited even without the express permission of the depositor, False 12, Fixed, savings, und cursent deposits af money in banks and similar institutions shall be governed by provisions cconeetniing simple loan, True 13, The depositary can demand thatthe depositor prove his ownership of the thing deposited, False 14, Unless there isa stipulation to the contrary, the depositary cannot deposit the thing with a third person, ‘True 15, When the depositary has permission to use the thing deposited, the contract loses the concept of a deposit an becomes 4 lous ot comnmodatumh even when safekeeping is still the principal purpose ofthe contract, False Test HL, Discussion. 1. Distinguish guaranty from suretyship, 2. Give at least four (4) distinetions between judicial and extrajudicial deposits 3, What isthe nature of relation between « bank and a depositor? AF WVT=) II O <Pe hey +) OQ f@ coursehero.com 3. Commedanen a tags rom mutuum. Mayaegrautvs a rete © mer fhe ia late seas 2. Statement The deat fee he bilo oF ‘he alee extrguishes the sonra of muti Sateent I The dation fe thing oan & Ony start itis omy stterer sive 2 item Commodi pet perso fe Bot sakrrert an ior se om stterert an iar tue sree 4 Statamant |The cr nae he eu ofa say Oy Meet end bake be wvence ot cry Statement ierest ie payable Kind its valu ratco at the current pice the Pests goods at the veo he Cenettuion of Seance tue ‘ty saerert sine & Oajatteert|ietue 5. Statement in commodatum, one of the Bastin celvers money or concuiate tng {ponte onetion that same amount ot te ‘tienda cht sa be lrent I In commodatum and mutuun, ‘vrei oie thing lone wane tote © Say start tras & tei 2 baer relars owner ote ton ret ee ‘isinguaned ton 16 Y, subject othe ite [Y} paying the tame in ‘tame nce metres The ea contact ot Statement IL glen the ght 10 use and eney a Davee of land belonging to Y under a deve of tute fer ve yours ‘Reivers one ‘ator the tana ta 2s Be weed toate a re ‘ermporariy fr & pero of tree mah. Ti ek ‘Stato oramodatu ve Gor ster! a re fae © Gniyatatrert ists & Onpattorert ice 2. Tae folowing ae necessary tapout xcept 1 in mre fe depose oF ngs of uggage fine ecsasger eh commen eaves, Senha ep of ace nade 7 ‘Wen takes place on he ccasen of any alamiy sch as fessor food ltoge, hpare or ter lr eve 4 Monte modem complance se the ode ot 10, Te oon reveal cones, exceot 1 Depeat 14, Stutement Me barn conenodaen nee ate the una neti ae ‘Statement nen tere ae so or mote bees t9 om ating fom in he ame contact hey wieiabe soda 4 Onpatamrert tie e havin pat, can om the Quant the tng ‘tian an ed ets ry. inp cater ends scar View full document 13, The guarantor cannot aval of excuasion in the Iotionng eases excep ie gaan go a ab gaat, eset nao ee dette 41 nmr et sty ah 14 ges oes 2 360.000. Oi 0009 ‘tin debts uaveneet by Pete, The gona “a old © Va! 45,0 nes C34, 00000, gunn Hoan pay € con cera em Eteanaunt “Pio Doo pe manet Pie0.% 00 26. Statement|. A guaranty is grtstou ‘ere inn putaionte the conta Sutemeot A sub guaranty can be conettated, not ‘cayintoot atthe pcp ar, but ase fet ft oer gure, proven tee consent ot bom statrerts | aa oe tue 8 Oystatcret iis BO akrrt an oe far 11, Stateman | Unies there Is. stputtion tothe aaa te dept caret aepot he ing ‘Sttemen I When the depositary hs permission to te the thing peste, the tortactTetee the ‘Concept of depost'and'f becomes loan oF vr orn skrrert | ado 2, Statemoot | The quarentor cannot be compat {o pay tn erin oriece telat nes sxhaceted {eg remetes agains te abr 19. Statement | The thing feturned wth al Ie produc secections ‘Sutement I. the thing deposited must be returned {Tamporiaton Sha be bome byte depontr & Onpsuerert| ise J make vse of the Oop satomere at 21. Judicial doposit as cietingviched trom ‘rel depot {& Depostary keeg he tht deposi by he ‘elim wit he Spon 22 Statement | Oumeahip by the depositor ent ‘gates tere pertectan 1 me contact ot Speak, Statomert fhe cepostay should escover that {he hing depestes betrged to another vetson he ‘Should mmecately give back tthe one Bom amor asa srs © Ony starrer. © Onapstarert| ise {6 ‘oestacrerts aoe ae 2 Stereo! LAr agreement to constiute ado ‘Sinan ands pertested or the nowent he ‘Tentngstmnesbeareen he pats net ut eter gi "Srececeeaaiines : Seem 24. A dpost is not ecinguchod 1 inn the eoptay acquies comer of ho srg ents238 BO - ao Of quiriez.com/admink + @ O Bie =a library Enter code show Answers @O See Preview > © Multiple Choice Guns) (Oi Itrefers to an evaluation of a debtor's future worth or ability by virtue of the trust and confidence reposed by a creditor. © creait @ cevs @ Joan © transaction Multiple choice © 45 seconds tpt Aloan, whether commodatum or mutuum, is a contract for permissive use. @ Tre @ False © Multiple choice © 45seconds Ot pt Loan, whether commodatum or mutuum, is. considered a real contract. @ The @ Fase © Multiple choice ©45seconds Oi pt The object of a commodatum Is? @ money © consumable property @ non-consumable @ anything as long as it is within the commerce of man © Multiple Choice © 45seconds @1pt ‘The object of mutuum is @ non-consumable @ money © ea! property © anything within the commerce of man © Multiple choice @45seconds Ot pt ‘Simple loan Is always gratuitous @ The @ Fase © Multiple choice @45 seconds Opt Consumable property may be the object of Q D ° a6