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1.

Define the following:

a. Joint and Several/Solidary Obligation


b. Joint Obligation
c. Divisible Obligation
d. Indivisible Obligation
e. Alternative Obligation
f. Facultative Obligation

2. D purchased 200 shares of stock of the Quezon Colleges, subject to the condition that she
would pay for the same as soon as she would be able to harvest fish from her fishpond. Is
the condition valid? Why?

3. A and B are joint debtors of C, D, E, and F, solidary creditors to the amount of P


1,000,000. How much can C collect from A? What if

4. A, B and C executed jointly and severally a promissory note for P300,000.00 in favor of
D payable after 6 months. Upon maturity, A and B refused to pay. Is D entitled to recover
from C the P 300,000? In case of payment by C, what right, if any, has he against A and
B?

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