OFFLINE QUIZZES IN OBLIGATIONS & CONTRACTS 2ND SEM, AY 2019-2020

QUIZ NO. 4

INSTRUCTION: Answer in no more than two paragraphs per item. Each item is worth five (5)
points each.

1. Enumerate at least five (5) different modes of extinguishment of obligations. Briefly

explain each.

2. How does payment extinguish an obligation?

3. What are the different special forms or types of payment? Briefly explain each.

4. Give an example of dation in payment.

5. Discuss the case of Filipino Pipe and Foundry Corp vs National Waterworks and Sewerage
Authority.

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 OFFLINE QUIZZES IN OBLIGATIONS & CONTRACTS 2ND SEM, AY 2019-2020

QUIZ NO. 5

INSTRUCTION: Answer in no more than two paragraphs per item. Each item is worth five (5)
points each.

1. Distinguish how loss of the thing due, condonation and confusion extinguish an
obligation.

2. Carlos made a promissory note in favor of Ramona in the amount of P900. For the
purpose of collecting fees for his services, Ramona voluntarily delivered the promissory
note to Carlos without collecting the P900. Carlos is now in possession of the said note.
Is there a disputable presumption that there has been remission? Was there in fact,
remission? Briefly explain your answer.

3. When is there loss of a thing? Does it include the notion of impossibility? Discuss.

4. Give an example of confusion or merger.

5. What happens when remission is inofficious? When is a remission, condonation or even a

donation considered inofficious?

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 OFFLINE QUIZZES IN OBLIGATIONS & CONTRACTS 2ND SEM, AY 2019-2020

QUIZ NO. 6

INSTRUCTION: Answer in no more than two paragraphs per item. Each item is worth five (5)
points each.

1. How does compensation and novation extinguish an obligation?

2. Yoon Seri owns shares of stock in Seri’s Choice Lending Company worth P10k. Later,
Yoon Seri borrowed money from Seri’s Choice Lending Company amounting to P10k
including interests. When the loan fell due, Yoon Seri was not able to pay the loan. Yoon
Seri wanted to compensate the loan with her shares of stock in Seri’s Choice.

Can Yoon’s debt be compensated with the shares of stock he owns? Explain your answer.

3. Captain Ri has a P1M savings deposit with the Bank of Korea. One day, Captain Ri
borrowed P200k from Bank of Korea. Without asking permission from A, the bank
deducted P200k from A’s account, leaving a balance of P800k in A’s favor. Is the bank’s
action proper? Why?

4. What are the requisites of a valid novation?

5. Mang Ki obliged himself to deliver a particular laptop to Mang Kay. Subsequently, Mang Ki
and Mang Kay agreed that instead of delivering the laptop, Mang Ki will deliver two
particular cellphones to Mang Kok with the understanding that Mang Kok will be the new
creditor and that the old obligation is being abandoned by the new agreement. Is there
novation in this case? If yes, what kind of novation is present? Justify your answer.

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 OFFLINE QUIZZES IN OBLIGATIONS & CONTRACTS 2ND SEM, AY 2019-2020

QUIZ NO. 7

INSTRUCTION: Answer in no more than two paragraphs per item. Each item is worth five (5)
points each.

1. What is the legal definition of a contract? Give its essential requisites or elements and
briefly explain each.

2. Enumerate and briefly explain five basic principles or characteristics of a contract.

3. What is reformation of a contract or instrument? Give the essential requisites or elements

for an action for reformation. Give an example of a contract that cannot be reformed.

4. a) In case of conflict between the words of a contract and the evident intention of the
parties, which one should prevail? Explain.

5. Must a contract always be in writing? Justify your answer.

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 OFFLINE QUIZZES IN OBLIGATIONS & CONTRACTS 2ND SEM, AY 2019-2020

QUIZ NO. 8

INSTRUCTION: Answer in no more than two paragraphs per item. Each item is worth five (5)
points each.

1. Define rescission. What are its effects?

2. Enumerate and briefly describe in one sentence each, various contracts that may be
rescinded.

3. (a) What is a voidable contract?

(b) What are the grounds for annulment of a voidable contract?

4. Compare and contrast a rescission and annulment of contract.

5. What is an unenforceable contract? When is a contract considered unenforceable?

6. Enumerate contracts that are considered unenforceable.

7. When is a contract considered void? Give the requisites of a void contract.

8. Identify various contracts that are considered void.

9. Differentiate a void contract from a voidable contract.

10. What are natural obligations? Explain its effects.

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