Question 1

Which among the following fails to state a correct legal principle?

Accepted Answer

A) The debtor in obligations to do shall be released when the prestation becomes legally or physically impossible without the fault of the obligor. 
B) Whenever the thing is lost in the possession of the debtor, it shall be presumed that the loss was due to his fault, unless there is proof to the contrary. 
C) An obligation which consists in the delivery of a determinate thing shall be extinguished in any event it should be lost or destroyed without the fault of the debtor. 
D) Condonation or remission is essentially gratuitous, and requires the acceptance by the obligor. It may be made expressly or impliedly. 
A) The debtor in obligations to do shall be released when the prestation becomes legally or physically impossible without the fault of the obligor. 
B) Whenever the thing is lost in the possession of the debtor, it shall be presumed that the loss was due to his fault, unless there is proof to the contrary. 
C) An obligation which consists in the delivery of a determinate thing shall be extinguished in any event it should be lost or destroyed without the fault of the debtor. 
D) Condonation or remission is essentially gratuitous, and requires the acceptance by the obligor. It may be made expressly or impliedly.

Question 2

It is that currency which the debtor can compel the creditor to accept in payment of all debts, public or private.

Accepted Answer

A) certified checks. 
B) domestic money in any denomination. 
C) legal treasury notes. 
D) legal tender. 
A) certified checks. 
B) domestic money in any denomination. 
C) legal treasury notes. 
D) legal tender.

Question 3

For payment to extinguish the obligation:

Accepted Answer

A) The thing or service in which the obligation consists must be completely delivered or rendered. 
B) Payment must not have been justifiably refused by the creditor. 
C) Payment must be in legal tender. 
D) All of the above. 
A) The thing or service in which the obligation consists must be completely delivered or rendered. 
B) Payment must not have been justifiably refused by the creditor. 
C) Payment must be in legal tender. 
D) All of the above.

Question 4

Where the debtor has various debts of the same kind in favor of the same creditor and on the due date the debtor does not have sufficient funds to cover all the debts, the debtor may avail of

Accepted Answer

A) tender of payment and consignation. 
B) application of payment. 
C) dation in payment. 
D) cession in payment. 
A) tender of payment and consignation. 
B) application of payment. 
C) dation in payment. 
D) cession in payment.

Question 5

Debtor owes Creditor ₱20, 000. On the due date of the obligation, Debtor could not pay. Debtor instead offered his TV set worth ₱20,000 in payment of the obligation. Creditor agrees.

Accepted Answer

A) There is no payment because the debt may only be discharged by the delivery of legal tender. 
B) There is payment pursuant to a facultative obligation because of a substitution. 
C) There is dation in payment or dacion en pago. 
D) There is payment by cession. 
A) There is no payment because the debt may only be discharged by the delivery of legal tender. 
B) There is payment pursuant to a facultative obligation because of a substitution. 
C) There is dation in payment or dacion en pago. 
D) There is payment by cession.

Which among the following fails to state a correct legal principle?

It is that currency which the debtor can compel the creditor to accept in payment of all debts, public or private.

For payment to extinguish the obligation:

Where the debtor has various debts of the same kind in favor of the same creditor and on the due date the debtor does not have sufficient funds to cover all the debts, the debtor may avail of

Debtor owes Creditor ₱20, 000. On the due date of the obligation, Debtor could not pay. Debtor instead offered his TV set worth ₱20,000 in payment of the obligation. Creditor agrees.

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Obligation Scenarios in Civil Law

Legal Obligations and Their Application

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Inheritance and Probate Law

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Exam 7: Legal and Contractual Obligations

Which among the following fails to state a correct legal principle?

It is that currency which the debtor can compel the creditor to accept in payment of all debts, public or private.

For payment to extinguish the obligation:

Where the debtor has various debts of the same kind in favor of the same creditor and on the due date the debtor does not have sufficient funds to cover all the debts, the debtor may avail of

Debtor owes Creditor ₱20, 000. On the due date of the obligation, Debtor could not pay. Debtor instead offered his TV set worth ₱20,000 in payment of the obligation. Creditor agrees.

Succession and Probate Law

Inheritance, Property and Ownership Laws

Property and Family Law

Philippine Laws and Marriage

Legal and Contractual Queries

Contractual and Partnership Issues

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