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Chapter 1 - General Provisions 18. Those Which lack individuality and are not regulated by speci provisions of law. c. Innominate a. Nominate d. Gratuitous b. Unilateral y. Is a contract whereby almost all of its provisions are drafted by one party. c. Auto-contract a. Nominate d. Gratuitous b. Contract of adhesion 20. The contracting parties may establish such stipulations, clauses, terms and conditions as they may deem convenient, provided they are not contrary to law, morals, good customs, public order, or public policy. a. Autonomy of contract c. Formality of contract b. Relativity of contract d. Consensuality of contract 21. Those which have for their object the establishment of a condition in law which is necessary as a preliminary step towards the celebration of another subsequent contract. a. Principal C. Accessory b. Preparatory d. Formal 22. Those which can subsist independently from other contracts and whose purpose can be fulfilled by themselves. a. Preparatory b. Accessory c. Formal d. Principal 23. D borrowed a sum of money from C with a certain rate of interest. C now wants to increase the rate of interest without the consent of D. What principle in contracts prohibits C from doing so? a. autonomy of contracts Jean to ross atedw azaT at lamb. relativity of contracts sig ansa met lupe c. mutuality of contracts an f aidsborges d. consensuality of contracts as li some BE wines sit) wasso will anig 24. Spouses H and W leased the property to X Corp. The lease contract specifically states in its Provision No. 1 that "the term of this lease shall be 14 years commencing from April 1, 1978 and may be renewed ford vo like term at the option of the lessee." On 13 February 1991, a year before the expiration of the contract of lease, H and W, notified X Corp. that they were no longer interested in renewing the lease. X Corp. replied that it was exercising CS its option to renew their lease under the same terms with additional proposals.Chapter 1 - General Provisions a. An express agreement which gives the lessee the sole option to renew the lease is not valid on the parties. b. The lessee has a right to elect whether to continue with the lease or not, once he exercises his option to continue and the lessor accepts, both parties are thereafter bound by the new lease agreement. c. The option, which is provided in the same lease agreement, is not fundamentally part of the consideration in the contract. d. The right of renewal does not constitute a part of the lessee's interest in the land. 25. It is a meeting of minds between two persons whereby one binds himself, with respect to the other, to give something or to render some service. Law b. Contract c. Obligation d. Memorandum of Agreement 26. Those which can exist only as a consequence of, or in relation with, another prior contract. a. Principal we all goes b. Preparatory C. Accessory d. Formal 27. Those which give rise to reciprocal obligations for both parties. a. Informal b. Formal c. Unilateral d. Bilateral 28. Is a contract whereby the parties, by making reciprocal concessions, avoid litigation or put an end to one already commenced. a Compromise agreement b. Auto-contract ani . Contract of adhesion d. Memorandum of agreement becomea 29. The following are the rules in innominate contract, except: a Stipulations of the parties. b. The provisions of business law on obligations and contracts. The rules governing the most analogous nominate contracts. d. The customs of the place. 50. The exceptions in relativity of contracts are the following, except: a. Contracts are not transmissible by their nature. CS Scanned with CamScannerChapter 1 - General Provisions b. Contracts are not transmissible by stipulation. C. Contracts are not transmissible by provision of law. d. None of the above. 1. The exceptional cases to the principle of relativity of contracts are following, except: a. If a contract should contain some stipulation in favor of a thing person, he may demand its fulfillment provided he communicate his acceptance to the obligor before its revocation. b. In contracts creating personal rights. C. . Creditors are protected in cases of contracts intended to defray them. d. Any third person who induces another to violate his contract, 32. Which of the following may not be the object of a contract of sale? a. Things having a potential existence; b. The sale of vain hope or expectancy; c. Future goods; d. Answer not given 33. X sold to Y a patented laptop. However, upon delivery the former substituted a fake. Y now wants to annul the sale. Decide. a. The contract is void. b. The contract can be annulled as it is dolo causante. C. There is dolo incidente therefore, it can be annulled. d. The remedy is damages. 34. Those which are perfected by the mere agreement of the parties. a. Consensual contract b. Real contract C. Formal contract d. Unilateralcontract Sho of bas no jug 10 golusg: bioys 35. Those which require not only the consent of the parties for their perfection, but also the delivery of the object by any one party to the other. a. Consensual contract b. Real contract c. Formal contract d. Unilateral contract 36. Takes place when the parties agree upon the essential elements of the contract. a. Preparation b. Perfection CS ScanConsummationScanner