Question 41 A mode of extinguishing an obligation that may result to donor's tax liability: compensation confusion Remission Onovation PreviousQuestion 42 Rescission of contract can take place in this case When the seller cannot return the installment paid to him by the buyer. When the party seeking resolution can perform only as to part and rescind as to remainder. O When he demands rescission can return whatever he may be obliged to restore. When the things which are the object of the contract are legally in the possession of third person . PreviousQuestion 43 Statement 1: The death, civil interdiction, insanity or insolvency of either offeror or offeree before acceptance is conveyed makes the offer ineffective Statement 2: The cause of a contract is the psychological or personal reason whereas motive is the objective or juridical True, true O False; false O True; false O False; true Previous Not sav P W acerD Question 44 The minimum standard of care that person obliged to give something must observe in the preservation of the specific thing subject matter of an obligation. That diligence of a good father of a family That diligence which the parties have stipulated on That diligence which the law provides All of the above Previous Not saved X P Whis exam is good for 3.0 hours ONLY D Question 45 1" Statement: Mr. X waived in advance his right to sue Mr. A. if A will cause him injury due to A's negligence. The waiver is void. and Statement: Liability arising from dolo can be mitigated by the courts True: True OTrue. False False, False OFalse True . Previous P g