Question
35. A written contract of sale of a car subject of a case which the defendant sold without the court's approval. * A. Rescissible B.
35. A written contract of sale of a car subject of a case which the defendant sold without the court's approval. *
A. Rescissible
B. Voidable
C. Unenforceable
D. Void or Inexistent
36. A written contract of donation of shares of stock a father made in favor of his daughter, where the father left no other properties for his creditors. *
A. Rescissible
B. Voidable
C. Unenforceable
D. Void or Inexistent
37. The following defective contracts may be ratified except: *
A. Rescissible
B. Voidable
C. Unenforceable
D. Void or Inexistent
38. A voidable contract may be annulled within how many years? *
A. 2
B. 4
C. 6
D. no prescription/limitation
39. A rescissible contract may be rescinded within how many years? *
A. 2
B. 4
C. 6
D. no prescription/limitation
40. A void contract may be nullified within how many years? *
A. 2
B. 4
C. 6
D. no prescription/limitation
46. S1. Contracts are binding and effective only between the parties, their heirs and assigns. S2. Thus, an heir of a debtor is liable to the creditor for the full amount of the obligation. *
A. True, True
B. True, False
C. False, True
D. False, False
Kindly support reference for your answer in questions above.
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