Answer the following questions:

This is about OBLICON.

Questions (13-25)

13.

Which of the following is the effect of delay on the part of the debtor?

I.The debtor becomes liable for damages for the delay II.When it has for its object a determinate thing, the delay places the risk of the thing on the debtor.

Group of answer choices

I only

II only

Both I and II

Neither I nor II

14.

In conditional reciprocal obligations to give, what is the treatment of the fruits and interests during the pendency of the condition?

Group of answer choices

They shall inure to the sole benefit of the creditor

They shall inure to the sole benefit of the debtor.

They shall be deemed to have been mutually compensated.

They shall be forfeited in favor of the government.

15.

The debtor shall lose every right to make use of the period EXCEPT:

Group of answer choices

When after the obligation has been constituted he becomes insolvent , unless he gives a guaranty or security of the debt.

When he does not furnish a guaranty or security to the creditor.

When the debtor attempts to abscond.

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

None of the choices.

16.

Obligations may be modified by:

Group of answer choices

Changing their object or principal conditions.

Substituting the person of the debtor.

Subrogating a third person in the rights of the creditor.

All of the choices.

17.

The creditor is entitled to recover damages and interest in addition to the penalty stipulated.

Group of answer choices

When the parties so agreed.

When the debtor refuses to pay the penalty.

When the debtor is guilty of fraud in the fulfillment of the obligation.

All of the choices.

18.

A and B are jointly and severally liable to C for P 20,000. A is a minor.

Group of answer choices

C can collect P20,000 from B.

C can collect P10,000 from A, that is the share of B.

C can collect P20,000 because minority is not a defense.

C can collect P10,000 from B.

19.

The following are the instances wherein the court may fix period of an obligation with a period, except

Group of answer choices

If the obligation does not fixed a period, but from its nature and the circumstances it can be inferred that a period was interested.

If the period depends upon the sole will of the debtor.

In case of pure obligation, to prevent unreasonable interpretations of its immediate demandability

If the obligation is pure, simple, unconditional and payable on demand.

20.

It is an obligation where the debtor has to perform several prestations and it is extinguished only by the performance of all of them.

Group of answer choices

Alternative obligations

Conjunctive obligations

Facultative obligations

Composite obligations

21.

X sells a piece of land on January 1, 2010 subject to a suspensive condition to A. Then, on October 4, 2010, X sells the land unconditionally to B. The suspensive condition happens on December 25, 2010. Who shall have the better right assuming there is neither registration of the sale nor delivery of possession to either A or B?

Group of answer choices

B because the sale to him is unconditional.

B because his title is older being dated October 4,2010.

A because his title retroacts on January 1, 2010 upon fulfillment of the suspensive condition on December 25, 2010.

A because he is the first buyer.

22.

In alternative obligations, what is the effect of notice of choice of prestation to the creditor?

Group of answer choices

The obligations remain to be alternative

The selection or choice is still revocable

The obligation is converted into a simple obligation.

The obligation becomes a facultative obligation.

23.

S sold his only car to B for P100,000 payable in 10 equal monthly installments of P10,000 each. As security, B executed a chattel mortgage on the car. What is the remedy of S if B fails to pay one installment?

Group of answer choices

Exact fulfillment of the obligation, should the vendee fail to pay any installment

Cancel the sale should the vendee fails to pay two or more any installment

Foreclose the chattel mortgage on the thing sold, if one has been constituted without right to recover any deficiency

Foreclose the chattel mortgage on the thing sold, if one has been constituted with right to recover any deficiency

24.

What is the effect of the loss of the thing intended as a substitute in a facultative obligation after the substitution?

Group of answer choices

The debtor shall not be liable for the loss.

The obligation is extinguished.

The debtor shall be liable for the loss on account of his delay, negligence or fraud.

The creditor has no right against the debtor.

25.

Payment made to a third person shall also be valid insofar as it has redounded to the benefit of the creditor. Such benefit to the creditor need not be proven in the following cases, except

Group of answer choices

If after the payment, the third person acquires the creditor's right

If the third person is not authorized by the creditor

If the creditor ratifies the payment to the third person