MULTIPLE CHOICE:

1.Ms. C bound herself to Mr. D that she will bring him a basket of peaches when she returned home from New York. Unfortunately, there was a storm that occurred when she was in New York which made her come home a day late but also without peaches. Is Ms. C liable to Mr. D?

a.) No, because the occurrence of the storm extinguished the obligation.

b.) Yes, because she was already in delay.

c.) Yes, because the type of peaches she had bound herself to deliver was not a specific object.

d.) No, because there was no demand from Mr. D, hence, she is not delayed in performing her obligations.

2.Mr. A is obliged to give Ms. B 10 kilos of salt, which of the following is not correct?

a.) Ms. B can just buy 10 kilos of salt and charge the expense to Mr. A.

b.) Mr. A can insist on just paying Ms. B damages or the monetary value of the salt.

c.) Ms. B can demand that Mr. A obtain the salt and deliver it to him

d.) Ms. B may require another person to deliver the salt and deliver it to him

3.Mr. A borrowed money from Ms. B payable on May 2, 2019. If A failed to pay on the due date, will Mr. A be in delay?

a.) Yes, because there is stipulation as regards the due date.

b.) Yes, if the obligation is in writing.

c.) No, because demand has not been made by Gio.

d.) No, if Rio has the money to pay Gio.

4.Which of the following is not among the requisite for recovery of interest

a.) Payment of interest must be expressly stipulated

b.) Agreement must be in writing

c.) Interest must be lawful

d.) Interest rates must not exceed 6%

5.Statement 1: The diligence of common carrier is more than that of a good father of a family.

Statement 2: When what is to be delivered is a determinate thing, the obligee can compel the obligor to fulfill it despite an armed invasion.

a.) Both statements are true

b.) Only statement 1 is true

c.) Only statement 2 is true

d.) Both statements are false.