D Question 2 1 pts B, the pledgee, returned the car that A pledged since he does not have any space in his garage anymore. A was not able to pay for his obligation. B insists that the car should be sold at public auction since it was pledged. B is incorrect since the pledge is already extinguished. O B is correct since he was in possession of the car at the time the pledge was perfected. O B is incorrect since he no longer has possession of the car. O B is correct as the contract of pledge was perfected. D Question 3 1 pts A lent money to B in the amount of P 200,000. A's brother was hospitalized and he needed the money but the loan was not yet due. A can demand the return of the money even before due date as it is for an emergency. A can demand the return of the money since demand gives rise to the obligation. A can't demand for the return of the money since his brother is not a party to the contract. A can't demand the return of the money even before due date even for an emergency.D Question 4 1 pts Statement A: An incomplete but delivered negotiable instrument may be filled up by the person who receives such. Statement B: A copyright lasts 20 years after the death of the author. O Only Statement A is True. O Both Statements are True. O Both Statements are False. Only Statement B is True.D Question 6 1 pts Statement A: A loan can either be a precarium or commodatum. Statement B: When an object has hidden defects, the seller is always liable for damages. O Only Statement B is True. Only Statement A is True. Both Statements are True. Both Statements are False. D Question 7 1 pts B saw an incomplete promissory note on the desk of A. B took the note and forged the signature of A. B then negotiated it to C. Is the negotiation valid? Yes, because an incomplete instrument can be filled up. No, because B forged the signature of A. No, because of the infirmity in the instrument. Yes, as long as C is a holder in due course