Which is not true about solidary indivisible obligations?*

1 point

Indivisibility does not necessarily give rise to solidarity.

Solidarity does not necessarily imply indivisibility.

Indivisibility refers to the plurality of subjects.

Solidarity refers to the tie between the parties.

A and B owe X and Y P10,000. The share of A in the debt is 40% while that of B is 60%. The share if X in the credit is 70% while that of Y is 30%. Assume joint debtors and joint creditor. How much may X collect from B?*

1 point

P4,200

P2,800

P1,800

P1,200

TRUE OR FALSE. As a general rule, rights acquired in virtue of an obligation are not transmissible.*

1 point

TRUE

FALSE

A, B, C and D owe G and H for P40,000. Debtors share ratio is 3:2:2:3 while creditors share is 45% and 55%, respectively. Assume joint debtors and joint creditors. How much can G collect from D?*

1 point

P5,400

P3,600

P6,600

P4,400

"I will give you P100,000 if you will kill Mr. Z"*

1 point

Condition void; obligation valid.

Condition valid; obligation void.

Condition void; obligation void.

Condition valid; obligation valid.

In reciprocal obligations, delay by a party begins when*

1 point

Neither has complied with his obligations

The other has not complied with his obligation

The other is not ready to comply with his obligation

The other fulfills his obligation

The following are the remedies of the creditor to pursue his claims against the debtor, except to:*

1 point

Pursue the property owned and in possession of the debtor.

Exercise all the rights and bring all the actions of the debtor.

Impugn the acts which the debtor may have done to defraud his creditor.

Compel the debtor to perform the service in obligations to do.

TRUE OR FALSE. A joint creditor in a joint indivisible obligation may validly renounce or condone the whole obligation.*

1 point

TRUE

FALSE

During the pendency of the suspensive condition in an obligation to give, if the thing deteriorates without the fault of the debtor*

1 point

The obligation shall be extinguished.

The debtor shall be obliged to pay damages.

The impairment shall be borne by the creditor.

The creditor may choose between recission and fulfillment, with indemnity in either case.

TRUE OR FALSE. Mora solvendi is delay on the part of the debtor.*

1 point

TRUE

FALSE

TRUE OR FALSE. The receipt of the principal by the creditor without reservation with respect to the interest, shall give rise to the presumption that said interest has not been paid yet.*

1 point

TRUE

FALSE

TRUE OR FALSE. The debtor does not lose the right to make use of the period if the security that he has given is lost due to fortuitous event.*

1 point

TRUE

FALSE

During the pendency of the suspensive condition in an obligation to give, if the thing is lost through the fault of the debtor*

1 point

The obligation shall be extinguished.

The debtor shall be obliged to pay damages.

The loss shall be borne by the creditor.

The creditor may choose between recission and fulfillment, with indemnity in either case.

TRUE OR FALSE. A thing, although it still physically exists, may be considered lost if it goes out of commerce.*

1 point

TRUE

FALSE

During the pendency of the suspensive condition in an obligation to give, if the thing deteriorates through the fault of the debtor*

1 point

The obligation shall be extinguished.

The debtor shall be obliged to pay damages.

The impairment shall be borne by the creditor.

The creditor may choose between recission and fulfillment, with indemnity in either case.

X obliged himself to give Y his red Swatch watch on November 13. If X failed to do so, he must give Y the watch in addition, P5,000 as penalty. After demand by Y, X failed to deliver the watch.*

1 point

X is liable to pay P5,000 penalty.

X is liable to pay P5,000 plus watch.

X is liable to pay P5,000 penalty plus damages.

X is liable to pay P5,000 penalty plus the watch plus damages.

A, B, C and D owe G and H for P40,000. Debtors share ratio is 3:2:2:3 while creditors share is 45% and 55%, respectively. Assume solidary debtors and joint creditors. D became insolvent. How much can H collect from C?*

1 point

P22,000

P18,000

P3,600

P4,400

The debtor may pay any one of the solidary creditors.*

1 point

Even if demand was made by one of the creditors.

Only if there is judicial demand.

In the absence of demand from any creditor.

In case of extra-judicial demand from a third party.

Which is not true about obligation with a resolutory period?*

1 point

The obligation takes effect at once.

The obligation terminates upon the arrival of the period.

The period must be a day certain.

The period must be known when.

TRUE OR FALSE. An obligation subject to a resolutory condition that is potestative on the part of the debtor is void.*

1 point

TRUE

FALSE

TRUE OR FALSE. An obligation subject to a suspensive condition that is potestative on the part of the debtor is void.*

1 point

TRUE

FALSE

A, B, C and D owe G and H for P40,000. Debtors share ratio is 3:2:2:3 while creditors share is 45% and 55%, respectively. Assume joint debtors and solidary creditors. G renounced the share of A who accepted it. How much can H collect from A?*

1 point

P12,000

P8,000

P5,400

Nothing

TRUE OR FALSE. The condition where the debtor binds himself to pay when his means permit him to do so is a conditional obligation.*

1 point

TRUE

FALSE

Before substitution, the negligence of the obligor resulting to loss of the thing intended as substitute*

1 point

Renders him liable.

Does not render him liable.

Sometimes renders him liable.

Oftentimes renders him liable.