• If a party to a contract entered the agreement in representation of another who did not authorize the contract, that contract is unenforceable against the principal.
  1. True
  2. False
• Future things like inheritance may be the object of a contract.
  1. True
  2. False
• Which contract defect can be prevented by an appropriate contract form?
  1. Voidability
  2. Unenforceability
  3. Rescissibility
  4. Nullity
• The following characterize how contracts are, except one.
  1. Consensual
  2. Obligatory
  3. Formal
  4. Relative
• Restitution or the return of what was received does not happen when a voidable (valid until annulled) contract is actually annulled.
  1. True
  2. False
• Relativity of contracts means that they relate to and are binding on the parties only, and their heirs or assigns.
  1. True
  2. False
• Violence or intimidation by a person who is not a party to a contract, done to a person who is, may not vitiate the latter's consent as to the contract itself.
  1. True
  2. False
• A contract exists the moment the offeree accepts the offer, even without notifying the offeror.
  1. True
  2. False
• Simulation of contracts, whether absolute or relative, renders the contract void.
  1. True
  2. False
• Which of the following is not a valid and binding contract?
  1. Unenforceable
  2. Void
  3. Voidable
  4. Rescissible
• The kind of fraud that invalidates a contract because of deceit in soliciting consent at the formation of the contract.
  1. Dolo Consente
  2. Dolo Incidente
  3. Dolo Formante
  4. Dolo Causante
• The consideration for a contract need not be expressly stated.
  1. True
  2. False
• Contracts that need to be written according to a required format aside from just being formed with the consent of the parties are called __ contracts.
  1. Solemn
  2. Real
  3. Consensual
  4. Obligatory
• Which defective contract cannot be ratified?
  1. Voidable
  2. Rescissible
  3. Unenforceable
  4. Void
• Following are the essential requisites of contracts, except one.
  1. Object
  2. Cause
  3. Consent
  4. Form
• This manner of curing a contract defect may be done expressly or impliedly.
  1. Performance
  2. Annulment
  3. Ratification
  4. Following a form
• There is no mistake if the party alleging it knew the doubt, contingency or risk affecting the object of the contract.
  1. True
  2. False
• A contract entered into when one of the parties cannot give valid consent is ___.
  1. Void
  2. Mutual
  3. Relative
  4. Unenforceable
• All valid contracts are real contracts.
  1. True
  2. False
• The __ of the contract is the reason the object is performed, if a service, or given, if a thing.
  1. Consent
  2. Cause
  3. Form
  4. Object