[1] FINALS

Lisa offers to sell her cellphone to Jennie for P20,000.00 cash. Jennie accepts the offer but is willing
to pay only P15,000.00.

A. The contract was perfected at the price of P15,000.00.

B. The contract was perfected at the price of P20,000.00.

C. The contract was perfected at the price of P17,500.00

D. The contract was not perfected because the acceptance by Jennie was qualified and it
constituted a counter-offer.

[2] FINALS

Pat is a businessman who sells hallow blocks for construction of houses. Rick is looking for a supplier
that can provide a lowest-priced with a standard quality for his construction business. However, Pat
price of hollow blocks was undeniably high. Accidentally, Pat and Rick meet in a restobar, a day
before their official business meeting. Fortunately, Pat have a written contract in that day and able
to have a signatory of Rick while in a state of drunkenness. The contract between Pat and Rick is:

A. Valid

B. Void

C. Unenforceable

D. Voidable

[3.] FINALS

Jizelle agreed to live with Luigi as the wife of him without the benefit of marriage in exchange for the
weekly support of 50,000.00 pesos that Luigi would give to Jizelle. Both of them are single, of legal
age, and there is no legal impediment for them to get married. Their parents have no objections to
the two getting married. Based on the foregoing information, which of the following statements is
true?

A. Luigi may legally demand that Jizelle live with him as his wife.

B. Jizelle may legally demand that Luigi give her the weekly support of 50,000.00 pesos that he had
promised.

C. The agreement between Luigi and Jizelle is void for being contrary to morals.

D. The agreement between Luigi and Jizelle is valid because they can legally get married if they want
to.
[4.] FINALS

Kae entered into a contract with Kerstine whereby Kerstine agreed not to testify in a criminal case
filed against Kae in exchange for P25,000.00 to be given by Kae. The contract between Kae and
Kerstine is:

A.Valid because there is nothing wrong when one does not want to testify against another in a
crime.

B.Void for being contrary to public policy.

C.Void for being contrary to good customs.

D.Void for being contrary to law.

[5] FINALS

A written contract of sale of a specific car between Rosalie and Cally. The car actually belonged to
Kate and was sold by Rosalie in the name of Kate without the latter’s authority. The car is still in the
possession of Kate although Cally has remitted the price of P64, 000 to Rosalie.

The status of the contract between Rosalie and Cally is:

a. Rescissible

b. Voidable

c. Unenforceable

d. Void

e. Valid and enforceable

[6] FINALS

James sold his only car for P100,000.00 to Alyssa. Unknown to James, Alyssa bought the car from
him so that she could use the same in a bank robbery. What is the status of the sale of the car by
James to Alyssa?

a. The sale is void because the motive of Alyssa is illegal.

b. The sale is valid because the illegality of the motive of the parties to the contract does not have
any effect on its validity.

c. The sale is voidable because of the failure of Alyssa to disclose her motive to James.

d. The sale is rescissible at the instance of James because he would be damaged by the illegal motive
of Alyssa

.
[7] FINALS

Mark has been for more than 20 years the legal counsel of Jerry. Mark talked to Jerry almost
everyday in the course of giving counsel to Jerry, to convince him to donate his lot to him. Mark told
Jerry that it was only he who knew all of Jerry's cases and was the only one who could handle them
and his other legal concerns. Because of the persistence of Mark in talking him into donating his lot,
Jerry finally signed the deed of donation of the lot in Mark's favor with all the formalities required by
law.

A. The deed of donation is voidable on the ground of undue influence.

B. The deed of donation is valid because it was the only way by which Jerry could keep Mark as his
lawyer.

C. The deed is voidable on the ground of intimidation.

D. The deed of donation is valid because all the formalities required were complied with.

[8] FINALS

Mary, the guardian of John, a minor, sold the fish harvested from the fishpond of John for
P10,730.00. The fish, however, had a value of P14,500.00.

A. The sale is unenforceable because Mary sold the fish without the approval of the courts.

B. The sale is voidable because John is minor.

C. The sale is rescissible because John suffered lesion by more than one-fourth of the value of the
fish sold

D. The sale is void because the object is outside the commerce of men.

[9] FINALS

Jules, a movie actor who has fathered many children by different women, donated a house and lot
to Brian believing that the latter was his illegitimate son. The deed of donation and its acceptance
were in a public instrument and a new certificate of title to the house and lot was issued in the name
of Brian. A few months later, Jules discovered that Brian was not his son but that of another movie
actor. Jules now wants to annul the contract.

A. Jules may no longer annul the contract because all requisites have been complied with and a new
title already issued in the name of Brian.

B. Jules may annul the contract on the ground of mistake as to the identity of Brian.

C. Jules may not annul the contract but he can rescind it because he suffered damages.

D. Jules need not annul the contract but he can have it declared void ab initio

.
[10] FINALS

Cali owes the following creditors: Ethan, 60,000.00; Evren, 70,000.00; Daemon, 90,000.00. He has
assets valued at 400,000.00. Subsequently, Cali donated, among his assets, a parcel of land valued at
275,000.00 to Juanito. The donation and acceptance were made in a public instrument. The
donation of the land made by Cali to Juanito is:

A. Rescissible, because it was presumed to have been made in fraud of creditors.

B. Unenforceable, because Cali was not authorized by his creditors.

C. Voidable, because Cali does not have the free disposal of his property.

D. Void, because the donation and acceptance should be registered.

[11] FINALS

Hazel, out of her love and affection for David, donated a parcel of land to the latter who accepted it.
The formalities required by law were complied with. The contract between Hazel and David is:

A. an onerous contract

b. a gratuitous contract

c. a remuneratory contract

d an accessory contract

[12] FINALS

Jane wants to buy the land of Sophia because she intends to build up a factory. However, both
parties do not know the classification of the area where the land is located. So they consult John,
who tells them that the land is situated in an industrialized area. Jane and Sophia thus proceed with
the sale. Later, however, Jane finds out that he could not put up a factory because the land is
situated in a residential area. Is the contract between Jane and Sophia voidable?

a. It is not voidable because misrepresentation by a third person does not affect the validity of a
contract.

b. It is not voidable because there is no existence of serious fraud.

c. It is voidable only if Sophia agrees.

d. It is voidable because the misrepresentation by John has created a substantial mistake that is
mutual.
[13]FINALS

Katrina borrowed P100,000.00 ftom Julian. The obligation is secured by a mortgage on Katrina's land
and building. Julian registered the mortgage with the Registry of Deeds. Thereafter, Katrina sold the
land and building to Reiza who is not personally aware of the existence of the mortgage at the time
of sale since only the photocopy of the transfer certificate of title which did not yet contain the
annotation of the mortgage was shown to him. It was only when he went to the Registry of Deeds to
register the sale of the land and building to him that he learned of the mortgage.

a. Julian can collect from Katrina and if Katrina cannot pay, Julian can foreclose the mortgage
although the land and building are now owned by Reiza.

b. Julian can collect from Katrina but if Katrina cannot pay , Julian cannot foreclose the mortgage
because Reiza was not aware the existence of the mortgage at the time he bought the land and
building.

c. Julian cannot collect from Katrina. He can only go after the mortgage which was given as security.

d. Julian cannot foreclose the mortgage because Reiza wa not a party thereto.

[14] FINALS

Ronald and Shelvi orally entered into a contract whereby Ronald sold his one-year production of milk
in his farm to Shelvi for ₱80,000 which amount she immediately gave in cash to Ronald. The contract
between Ronald and Shelvi is:

a. void because the object was not existing at the time of execution of the contract.

b. valid because future things may be the object of contracts.

c. rescissible because Shelvi will likely suffer damage if the milk do not come into existence.

d. unenforceable because the contract was not in writing.

[15] FINALS

Allen donated his lot to Jeus because he thought that he was his illegitimate son. The deed of
donation was signed by both parties and acknowledged by them before a new certificate of title to
the lot was issued by the Register of Deeds. Later, Allen learned that Jeus was not his son, but that of
another man:

a. Allen can have the donation annulled on the ground of mistake of identity.

b. Allen can no longer annul the donation because a new certificate of title has already been issued.

c. Allen cannot annul the donation because he freely entered into it.

d. Allen cannot annul the donation because disregarding it would be unfair to C.