1. Stipulation pour autrui applies only to executory contracts.

TRUE

FALSE

2. Strictly speaking, when one of the essential elements of a valid contract is missing, it is considered as void.

TRUE

FALSE

3. The right to validate a void contract is imprescriptible.

TRUE

FALSE

4. Ratification is the process of validating a rescissible contract.

TRUE

FALSE

5. Voidable contracts are defective because of the injuries or damages suffered by the contracting parties.

TRUE

FALSE

6. A proxy marriage is a voidable contract.

TRUE

FALSE

7. If an agent exceeds the limits of his authority - the contract is unenforceable which means that it can be enforced in court.

TRUE

FALSE

8. A sale of the road right of way of Harrison Road, Baguio City is valid.

TRUE

FALSE

9. In a reciprocal obligation the power to rescind is implied.

TRUE

FALSE

10. Sale of real property through an agent who was authorized verbally is unenforceable.

TRUE

FALSE