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THE LAW COUNTRY IS PHILPPINES 1. It is the source of obligation that compels the parties to comply. A. juridical tie B. juridical necessity C.

THE LAW COUNTRY IS PHILPPINES 1. It is the source of obligation that compels the parties to comply. A. juridical tie B. juridical necessity C. law D. judicial necessity 2. It is an act or omission arising from fault or negligence which causes damage to another, there being no pre-existing contractual relations between the parties. A. Delict B. Quasi Delict C. Negligence D. Quasi Contract 3. The parties in a contract may freely enter into any stipulations provided they are not contrary to law, morals, good customs, public order or public policy. True False 4. Corporations can form a partnership in the same manner that partnerships can form a corporation. True False 5. Under the 1987 Constitution, the Philippine Territory includes the following except: A. The waters around, between, and connecting the islands of the archipelago, regardless of their breadth and dimensions B. The West Philippine Sea C. All the territories in which the Philippines has sovereignty or jurisdiction D. The Philippine Archipelago 6. What is a proximate cause? A. An act from which an injury results as a natural, direct, uninterrupted consequence and without which the injury would not have occurred. B. An act from which an injury results as a unnatural, indirect, interrupted consequence and without which the injury would not have occurred. C. It is the cause of the cause of the evil caused. D. An act from which an injury does not result as a natural, direct, uninterrupted consequence and without which the injury would not have occurred. 7. Judicial decisions form part of the legal system of the Philippines. True False 8. It is a juridical relation resulting from lawful, voluntary and unilateral acts, which has for its purpose, the payment of indemnity to the end that no one shall be unjustly enriched or benefited at the expense of another. A. Quasi-Contract B. Unjust Enrichment C. Quasi Delict D. Delict 9. Every person criminally liable for a felony is also civilly liable. True False 10. Sole proprietorship, like partnerships, has no separate juridical personality. True False 11. What is the meaning of law, in general? A. The law is a rule of conduct, just and obligatory, promulgated by God, and of common observance and benefit. B. Law is promulgated by man to regulate human relations. C. Law means rule of action or any system of uniformity. D. The law is a rule of conduct, just and obligatory, promulgated by a legitimate authority, and of common observance and benefit. 12. The following are features of a corporation except: A. Needs to be registered with the SEC B. Liability is limited to the investment of a stockholder C. There should be at least 5 incorporators to form a corporation D. It has a separate juridical personality 13. The following are the elements of an obligation except: A. juridical necessity B. debtor C. Prestation D. creditor 14. It is the inherent power of the State to regulate private property for public purpose. A. Power of Taxation B. Power of Eminent Domain C. EDSA People Power D. Police Power 15. The following are sources of an obligation except: A. proximate cause B. quasi contracts C. contracts D. delicts 16. The Constitution is the highest law of the land. True False 17. In order to be a valid obligation, it has to be licit, determinable, possible and there must exist a juridical or legal tie that binds the parties to the obligation. True False 18. An obligation to breath and to swallow at the same time is valid as long as it is legal. True False 19. A partnership can still be continued by the surviving partners in case one of the partner dies. True False 20. The provisions under the Constitution must prevail over the police power of the local government unit. True False

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