Question
Please answer this within an hour :( 36.Neither an essential nor accidental element of a contract: choices: A. Consent. B. Penal cause in a contract.
Please answer this within an hour :(
36.Neither an essential nor accidental element of a contract:
choices:
A. Consent.
B. Penal cause in a contract.
C. Warranty against eviction.
D. Cause or consideration.
37.Which of the following must be in writing to be enforceable as required by the Statute of Frauds?
Choices:
A. A subscription for 5 shares of stock of a corporation at P100 pe share.
B. contract whereby one agrees to pay another's debt of the latter defaults in his payment.
C. A contract for the construction of a building scheduled to begin 4 months after the execution of the contract.
D. A contract for the lease of an agricultural lot for a period of 8 months.
38.One of the following contracts is not vitiated by intimidation or violence, and hence valid.
Choices:
A. A contract where a party was compelled to assign his property to the other to pay a just debt because the latter threatened to sue him in court if he does not pay his debt.
B. A contract of donation of a parcel of land which a party signed because the other party threatened to burn his house.
C. A contract of sale which was entered into because the other party was pointing a gun at his wife.
D. A contract of sale which was signed by a party because his arm was being twisted by a third person.
39.This contract is without effect unless ratified:
Choices:
A. Contract of sale between husband and wife.
B. Donation between husband and wife.
C. Contract of sale between two insane persons.
D. Marriage between first degree cousins.
40.Ace owes Jackie P50,000 which is due on March 31. On the other hand, Jackie owes Ace P15,000 which is due on March 15. On March 18, Jackie assigned her credit right to Jade with Ace giving his consent unconditionally. On March 31, how much may Jade collect from Ace?
Choices:
A. P50,000.
B. P35,000.
C. P15,000.
D. Nothing.
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