Answer the following:

1.

1^st Statement: Payment of income tax is an obligation arising from government contracts.

2^nd Statement: Civil liability from a criminal act is an obligation arising from quasi delict.

Group of answer choices

If only the first statement is correct

If only the second statement is correct

If both statements are correct

If both are false

2.

Statement 1: "I will give you a specific car if you not marry X this year (CY). If by the end of this year, both parties are alive and no marriage has taken place, my obligation is extinguished.

Statement 2: "I will give you P10,000 if you cannot make a dead man alive. This is impossible condition, obligation not demandable.

Group of answer choices

Both are true

Both are false

No. 1 is true, No. 2 is false

No. 1 is false, No. 2 is true

3.

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

Group of answer choices

"Payable soonest"

An obligation payable little by little

Will pay you P10,000 " if I like"

Payable " within 2 years from today"

4.

Rose obliged herself to give Jack 1 dozen of eggs on January 15, 2009. When the date arrived, Rose failed to deliver despite repeated demands from Jack. Jack's remedy is:

Group of answer choices

Compel Rose to deliver eggs plus damages

Compel Rose to pay the amount of the eggs.

Rescind the contract

Ask a 3^rd person to deliver the eggs to him but chargeable to Rose

5.

Statement No. 1: An obligation which has for its object the delivery of a "delimited generic" object may be lost by reason of fortuitous event.

Statement No. 2: There can be no delay in an obligation not to do.

Group of answer choices

Both statement are true

Both statements are false

Statement No. 1 is true while statement NO.2 is false

Statement No. 1 is false while statement No. 2 is true

6.

A, B and C jointly and severally borrowed P15,000 from X. to secure its payment, A pledge his ring, B his TV set, and C his refrigerator. Based on the information provided, which of the following statements is correct:

Group of answer choices

The debtors are solidarily bound and the pledge on the three things are solidarily.

The debtors are jointly bound but the pledge on the three things are solidarily

The debtors are persons solidarily liable and the pledge on the three things is indivisible

The debtors are liable individually and the character of the three things pledged is divisible

7.

A, B, C and D owes E, F, G and H P40,000. How much can E collect from A if there is no agreement if their obligation is joint or solidary

If A, B, C and D are joint debtors while E, F, G and H are solidary creditors, how much can E collect from A?

Group of answer choices

P2,500

P40,000

P10,000

P5,000

8.

Statement No.1:Pledge is an example of a formal contract

Statement No.2: Innominate contracts are exclusively regulated by the stipulations of the parties.

Group of answer choices

Both are true

Both are false

No. 1 is true ; No. 2 is false

No. 1 is false; No. 2 is true

9.

Statement 1: The death, civil interdiction, insanity or insolvency of either offeror or offeree before acceptance is conveyed makes the offer ineffective

Statement 2: The cause of a contract is the psychological or personal reason whereas motive is the objective or juridical

Group of answer choices

True; true

False; false

True; false

False; true

10.

Which statement is incorrect?

Group of answer choices

There is no delay in negative obligation

Consignation is essential in mora accepiendi

Condonation is generally gratuitous

Legal compensation is automatic

11.

In novation which of the following is incorrect?

Group of answer choices

If the new obligation is void, original obligation shall subsist

In expromission, the insolvency of the new debtor shall never revive, the action of the creditor-against the original debtor

If the original obligation is subject to a suspensive condition, the new obligation is subject to the same condition unless stated

In Delegacion, insolvency of the new debtor will never revive the old obligation.

12.

Mary obliged herself to give to Crisse her BMW car on October 10, 2009 but she failed to deliver on that date. On the following day, a lightning completely destroyed the car.

Group of answer choices

Mary is still liable for she is in default already

Mary is no longer liable there being no demand, there is no delay and the thing is lost due to fortuitous event.

Crisse can demand for a substitute

Mary is still liable even if she in default.

13.

A, guardian of B, bought B's house and lot worth P480,000 for P240,000 or over lesion

Group of answer choices

The contract can be rescinded because of inadequacy of price

The contract can be voided

The contract is void

The contract cannot be rescind because it is expressly provided by law as one of the contract which cannot be rescinded.

14.

The minimum standard of care that person obliged to give something must observe in the preservation of the specific thing subject matter of an obligation.

Group of answer choices

That diligence of a good father of a family

That diligence which the parties have stipulated on

That diligence which the law provides

All of the above

15.

One is incorrect about elements of contracts:

Group of answer choices

Absence of an essential element voids the contracts

Absence of natural or accidental elements may result to rescission and damages

In policitation, there is meeting of meetings but contract is incomplete hence needs refromation

In stipulation, pour autrui consent or acceptance of the third person involves is mandatory

16.

Which of the following is considered as quasi-contract?

Group of answer choices

Solutio indebiti

When the third person, without the knowledge of the debtor, pays the debt

Reimbursement due the person who saved property during fire or storm without the knowledge of the owner.

All of the above.

17.

A owes B P5,000 C is the guarantor of A . A was able to pay B P3,000, thus leaving P2,000 unpaid. X, against the will of A and without the knowledge of the partial payment made by A, paid B the sum of P5,000. How does this payment affect the obligation?

Group of answer choices

The obligation is extinguished. X, however, cannot recover any amount from A since the payment was made against the will of A. Instead, X can demand payment from C, the guarantor.

The obligation is extinguished. X, however, can demand only P2,000 from A as this is the amount which benefited A. If A cannot pay, X, having been subrogated into the rights of B can proceed against guarantor C.

The obligation is extinguished. X can demand P 2,000 from A, but if A cannot pay, X cannot ordinarily proceed against guarantor C because having paid against the will of A, X is not entitled to subrogation.

X's payment, having been made against the will of A does not extinguish the obligation.

18.

A owes B- P10,000. Without the consent of A, B agreed with C's proposal (C is suitor of A) to answer for A's obligation for which A vehemently objected to but could not do anything. The following week all of C's properties were destroyed by fire, hence he could no longer pay the P10,000 obligation due to insolvency.

Group of answer choices

A's obligation is revived

A must answer for of the obligation

A's obligation is not revived

B cannot collect at all.

19.

1^st Statement: When a fortuitous event concurs with a person's negligence resulting to loss, he is still exempt from liability 2^nd Statement: The creditor has a right to the fruits of the thing form the time ownership is transferred.

Group of answer choices

Both statements are correct

Only the first is correct

Both statements are false

Only the second is correct

20.

Essential requisites of a contract:

Group of answer choices

Simple donations inter vivos wherein no condition imposed

Wills

When the real agreement is void

All of the above

21.

Here, consignation alone is enough to produce payment except;

Group of answer choices

If creditor is unknown

Creditor is reluctant to issue receipt

Creditor is incapacitated

Two or more persons claim to be creditors

22.

Here, defense of a good father of a family is not a proper defense:

Group of answer choices

Culpa contractual

Culpa aquiline delicto

Tort or quasi-delict

Culpa criminal

23.

A obliged himself to deliver B his dog, his cow, his carabao, his elepahant, or his crocodile. The first two lost due to fortuitous event and the last three were lost due to A's fault. What is A's obligation?

Group of answer choices

Creditor, B may convert to cash any of them plus damages

Debtor A may convert to cash the value of the last one lost plus damages.

A may rescind the contract plus damages.

Creditor, B may convert to cash any of the last three plus damages.

24.

Rescission of contract can take place in this case:

Group of answer choices

When the seller cannot return the installment paid to him by the buyer.

When the party seeking resolution can perform only as to part and rescind as to remainder.

When he demands rescission can return whatever he may be obliged to restore.

When the things which are the object of the contract are legally in the possession of third person.

25.

Which of the following is correct?

Group of answer choices

An action for rescission of contract prescribes in five (5) years counted from the execution of the

An action to declare contract void is not subject to prescription

An action for annulment of contract is imprescriptible

An action to enforce judicially a natural obligation prescribes in 4 years.

contract.

Note: I need the answers, ASAP. Thank you!