PLEASE ANSWER THE QUESTION WITHIN AN HOUR PLEASE :((

31.It refers to the sharp sudden increase in money or credit or both without a corresponding increase in business transactions.

A)Inflation.

B)Seller's market.

C)Deflation.

D)Buyer's market.

32.Dindi borrowed P20,000 from Cindy. On due date, Dindi did not have any money so she proposed that Cindy accept either a specific ring or a specific bracelet for delivery after one week to settle the debt. Cindy accepted the proposal. Which of the following statements is FALSE?

a. Dindi's new obligation is an alternative obligation.

B)The obligation to give P20,000 is not extinguished until Dindi delivers either the ring or the bracelet.

C)Dindi's obligation to give P20,000 is extinguished.

D.)The obligation to give P20,000 is extinguished by reason of novation.

33.Aside from the person in whose favor the obligation has been constituted, to whom shall payment be made?

A)To the creditor's assignees, if the credit has been assigned.

B)To all of the answers, whichever is applicable under the circumstances.

C)To the creditor's heirs, if the creditor has died.

D)To any third person authorized to receive payment.

34.Moca was intimated by Noco into buying the latter's laptop for P50,000 for which Moca executed a promissory note payable after a month. On due date, when the intimidation no longer existed, Moca called upon Noco and proposed to the latter to accept a ring instead of enforcing the note. Noco accepted the proposal.

A)The novation is valid; whatever defect that existed in the old obligation is deemed cured.

B)The novation is valid; however, Moca has the option to annul the old obligation.

C)The novation is voidable because the old obligation is voidable.

D)The novation is void because the old obligation is voidable.