Question 1

Which of the contracts below are rescissible?

Accepted Answer

A) Those entered into by guardians whenever the wards whom they represent suffer lesion by more than one third of the value of the object subject matter thereof. 
B) Those entered into by guardians in the above when the lesion suffered is one fourth of the value of the property. 
C) Those undertaken in fraud of creditors even if the latter has other means to collect the debt. 
D) Those where the contract is absolutely simulated. 
A) Those entered into by guardians whenever the wards whom they represent suffer lesion by more than one third of the value of the object subject matter thereof. 
B) Those entered into by guardians in the above when the lesion suffered is one fourth of the value of the property. 
C) Those undertaken in fraud of creditors even if the latter has other means to collect the debt. 
D) Those where the contract is absolutely simulated.

Question 2

Mr. S sold his land to Mr. B with a right to repurchase within ten years from the date of sale. Despite the lapse of the period of redemption, no such redemption was made.

Accepted Answer

A) Ownership of the land was consolidated on Mr. by virtue of the failure to redeem by Mr. S. 
B) Ownership of the land will be consolidated only upon the registration of the sale with the registry of deeds. 
C) Ownership of the land will be consolidated only upon a judicial order. 
D) Ownership will be consolidated only with the consent of Mr. S. 
A) Ownership of the land was consolidated on Mr. by virtue of the failure to redeem by Mr. S. 
B) Ownership of the land will be consolidated only upon the registration of the sale with the registry of deeds. 
C) Ownership of the land will be consolidated only upon a judicial order. 
D) Ownership will be consolidated only with the consent of Mr. S.

Question 3

A and B are capitalist partners, with C as an industrial partner. A and B contributed ₱15, 000.00 each to the capital of the partnership. A contractual liability of ₱40, 000.00 was incurred by the partnership in favor of X. If the capital assets have been exhausted to pay X, leaving a contractual liability of ₱10, 000.00, X can recover the amount from:

Accepted Answer

A) A and B only 
B) A, B and C 
C) A, B and C and C can recover for reimbursement from A and B 
D) No reimbursement may be recovered by C. 
A) A and B only 
B) A, B and C 
C) A, B and C and C can recover for reimbursement from A and B 
D) No reimbursement may be recovered by C.

Question 4

Antonio sold a piece of land to Renato binding himself not to sell the same to another person. On the following day, Antonio sold the land to Carlos who immediately took possession in good faith. In the case at bar, the proper remedy of Renato is to:

Accepted Answer

A) Institute an action for the annulment of the sale to Carlos. 
B) Institute an action for the recovery of the land. 
C) Institute an action for damages against Antonio. 
D) Institute an action for a declaration of nullity of the sale to Carlos. 
A) Institute an action for the annulment of the sale to Carlos. 
B) Institute an action for the recovery of the land. 
C) Institute an action for damages against Antonio. 
D) Institute an action for a declaration of nullity of the sale to Carlos.

Question 5

Which of the following reflects a correct legal principle?

Accepted Answer

A) A, B, and C, are co-owners of a three-hectare orchard. If A decides to sell his share to B, C has a right of redemption. 
B) A and B are adjoining owners of a rural land. Each land has an area of half a hectare. If B sells his land to D who does not own any rural land, C has a right of redemption. 
C) If the right to repurchase is not exercised within the period agreed upon, a judicial order is necessary to consolidate ownership on the buyer. 
D) A contract of sale is not a mode of acquiring ownership. 
A) A, B, and C, are co-owners of a three-hectare orchard. If A decides to sell his share to B, C has a right of redemption. 
B) A and B are adjoining owners of a rural land. Each land has an area of half a hectare. If B sells his land to D who does not own any rural land, C has a right of redemption. 
C) If the right to repurchase is not exercised within the period agreed upon, a judicial order is necessary to consolidate ownership on the buyer. 
D) A contract of sale is not a mode of acquiring ownership.

Which of the contracts below are rescissible?

Mr. S sold his land to Mr. B with a right to repurchase within ten years from the date of sale. Despite the lapse of the period of redemption, no such redemption was made.

Antonio sold a piece of land to Renato binding himself not to sell the same to another person. On the following day, Antonio sold the land to Carlos who immediately took possession in good faith. In the case at bar, the proper remedy of Renato is to:

Which of the following reflects a correct legal principle?

Succession and Probate Law

Inheritance, Property and Ownership Laws

Property and Family Law

Philippine Laws and Marriage

Legal and Contractual Queries

Legal and Contractual Obligations

Loans, Fraud, Liability, and Sale of Land

Obligation Scenarios in Civil Law

Legal Obligations and Their Application

Family and Marriage Law: Marriage, Divorce, Inheritance, and Property Rights

Family Law: Filiation, and Custody

Family Law: Marital Issues, Adoption, and Property Relations

Property Ownership and Rights

Legal Issues in Property Ownership and Easements

Donation, Probate, and Reserva Troncal in Philippine Law

Inheritance and Probate Law

Contractual and Legal Issues

Contractual Obligations and Remedies

Contracts of Sale and Property Ownership

Legal Contracts, Partnerships, and Agency Law

Contractual Obligations and Liabilities

Legal Liability and Damages

Land Ownership and Registration Issues

Filters

Exam 6: Contractual and Partnership Issues

Which of the contracts below are rescissible?

Mr. S sold his land to Mr. B with a right to repurchase within ten years from the date of sale. Despite the lapse of the period of redemption, no such redemption was made.

Antonio sold a piece of land to Renato binding himself not to sell the same to another person. On the following day, Antonio sold the land to Carlos who immediately took possession in good faith. In the case at bar, the proper remedy of Renato is to:

Which of the following reflects a correct legal principle?

Succession and Probate Law

Inheritance, Property and Ownership Laws

Property and Family Law

Philippine Laws and Marriage

Legal and Contractual Queries

Legal and Contractual Obligations

Loans, Fraud, Liability, and Sale of Land

Obligation Scenarios in Civil Law

Legal Obligations and Their Application

Family and Marriage Law: Marriage, Divorce, Inheritance, and Property Rights

Family Law: Filiation, and Custody

Family Law: Marital Issues, Adoption, and Property Relations

Property Ownership and Rights

Legal Issues in Property Ownership and Easements

Donation, Probate, and Reserva Troncal in Philippine Law

Inheritance and Probate Law

Contractual and Legal Issues

Contractual Obligations and Remedies

Contracts of Sale and Property Ownership

Legal Contracts, Partnerships, and Agency Law

Contractual Obligations and Liabilities

Legal Liability and Damages

Land Ownership and Registration Issues

Filters