1.Which of the following is not an obligation with a period?

a. "Loan is payable within two years from today."

b. "I will pay you little by little"

c. "Loan is payable at the soonest possible time"

d. "I will pay you P10,000 if I like"

2.An obligation when various things are due but the complete performance of all of them in necessary to extinguish the obligation.

a. Alternative obligation

b. Facultative obligation

c. Pure obligation

d. Conjunctive obligation

3.Which of the following is not a conditional obligation?

a. Pinky will give Quentin P5,000, if Quentin become a Dean's Lister on the third term of academic year 2021-2022.

b. Pinky will give Quentin P5,000, if Pinky will have the means.

c. Pinky will give Quentin P5,000, if Quentin marries Rachel.

d. None of the above.

4.Which of the following is an obligation with a period for the benefit of the debtor and creditor?

a. Payable on or before June 10, 2021.

b. Payable on June 10, 2021.

c. Payable if you like.

d. Payable if I like.

5.Statement 1: Yeli obliges herself "to pay Ziggy the sum of P100,000 which she owes him when she (Yeli) starts her business." This obligation is valid and legally enforceable.

Statement 2: Yeli obliges herself "to pay Ziggy the sum of P100,000 which she owes him in partial payments." This obligation is valid and legally enforceable.

a. Both statements are true.

b. Both statements are false.

c. Only Statement 1 is true.

d. Only Statement 2 is true.

6.Statement 1: In alternative obligations, it is the choice of which prestation to perform made by the debtor that will convert the alternative obligation to conditional obligation.

Statement 2: In facultative obligations, the right of substitution may be transferred to the creditor.

a. Both statements are true.

b. Both statements are false.

c. Only Statement 1 is true.

d. Only Statement 2 is true.

7.Which of the following is true?

a. Period may or may not happen.

b. Condition will always happen.

c. Period may refer to a past event unknown to parties.

d. Condition causes the existence or the extinguishment of an obligation.

8.The debtor shall lose every right to make use of the period except:

a. When the debtor violates any undertaking, in consideration of which the creditor agreed to the period.

b. When he does not furnish a guaranty or security for the debt.

c. When guaranties or securities disappeared through a fortuitous event but debtor immediately gives new ones equally satisfactory.

d. When he does not furnish to the creditor the guaranties or securities which he has promised.

9.When the period is "on or before" a date, the debtor has the benefit of a period. This benefit is lost and the obligation becomes due and demandable when:

a. When debtor pledged his ring in favor of his debt to the creditor.

b. When the debtor is starting to migrate to Australia without informing the creditor.

c. When guaranties or securities disappeared through a fortuitous event but debtor immediately gives new ones equally satisfactory.

d. When the debtor mortgaged his property in favor of his debt to the creditor.

10.Miko will continue giving Nina her allowance until the end of this year is an obligation subject to:

a. A resolutory condition

b. A suspensive period

c. A suspensive condition

d. A resolutory period

11.A promissory note signed by Anna dated June 1, 2021 is worded as follows: "I promise to pay Elsa the sum of Twenty Thousand Pesos (P20,000) provided that if she should fail the 2021 Certified Public Accountant Examination, Elsa shall return to me the said amount." The said note is an obligation subject to

a. A suspensive period

b. A resolutory period

c. A resolutory condition

d. A suspensive condition

12.Rowena executed a first mortgage of her house in favor of Sammy on January 4, 2021 to guaranty a mortgage loan of P3,000,000 due on January 4, 2022. On June 1, 2021, the house was burnt completely because of faulty electrical wiring. Sammy then demanded payment for his loan. Is the demand for payment valid?

a. No, the obligation is extinguished because the object of the obligation is lost through a fortuitous event.

b. Yes, the obligation because due and demandable because the benefit of the period is solely for the creditor. The creditor can demand payment even before the date stipulated.

c.No, the obligation is one with a definite period. Thus, the creditor cannot demand payment until January 4, 2022.

d. Yes, the obligation because due at once because the guaranty was lost even though a fortuitous event.

13.An obligation wherein various things are due but the payment of one of them is sufficient to extinguish the obligation is called:

a. Conjoint obligation

b. Pure obligation

c. Facultative obligation

d. Alternative obligation

14."I will give this fountain pen back, provided that if I like to have it back, you will return the same to me."

a. The obligation is valid because the fulfillment of the condition merely causes the acquisition of rights already acquired.

b. The obligation is void because the fulfillment of the condition depend on the will of the debtor.

c. The obligation is void because the fulfillment of the condition depend on the will of the creditor.

d. The obligation is valid because the fulfillment of the condition merely causes the loss of rights already acquired.

15.A delivery of a yellow 2019 Toyota Vios car with plate number EBB789 by Yumi to Zen could be considered as a:

a. Conjoint obligation

b. Joint obligation

c. Solidary obligation

d. Indivisible obligation

16.Which of the following statements is true?

a. Debtor loses the period if he does give any security to the creditor.

b. In alternative obligations, the right to select which of the prestation shall be delivered belongs to the creditor unless expressly given to the debtor.

c. Condition always refers to the future.

d. The condition not to do an impossible thing does not render the obligation void.

17.Statement 1: "I will give you a car if you will not marry this year." If on September 8, 2021, you decided to get married, then my obligation is extinguished.

Statement 2: "I will give you a car when my means permit me to do so." This is an example of a conditional obligation for the benefit of the debtor.

a. Both statements are true.

b. Both statements are false.

c. Only Statement 1 is true.

d. Only Statement 2 is true.

18.The obligation is demandable on the date of the obligation and shall continue to be in force up to the arrival of the day certain.

a. Resolutory condition

b. Suspensive condition

c. Suspensive period

d. Resolutory period

19.Which of the following is a primary classification of obligation under Civil Code?

a. Real and personal obligations

b. Obligation with a period

c. Unilateral and solidary obligations

d. Civil and natural obligations

20.The condition is capable of realization according to nature, law, public policy, or good customs:

a. Positive condition

b. Impossible condition

c. Possible condition

d. Negative condition