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    Article 1272 - 1275

    Uploaded by

    Mary Ann melendeZ
    The document discusses various articles related to obligations and contracts under Philippine civil law. It provides multiple choice questions and answers about presumptions of debt based on possession of documents, distinguishing between private and public documents, principal and accessory obligations, requirements for contracts of pledge and mortgage, and the concept of confusion of rights. Key points covered include that a presumption of debt exists if a private document is in the debtor's possession, interest is an accessory obligation in a loan, both principal and accessory obligations are extinguished if the principal is condoned, and confusion of rights or merger of rights occurs when the creditor and debtor are the same person.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Article 1272 - 1275

    Uploaded by

    Mary Ann melendeZ
    241 views4 pages
    The document discusses various articles related to obligations and contracts under Philippine civil law. It provides multiple choice questions and answers about presumptions of debt based on possession of documents, distinguishing between private and public documents, principal and accessory obligations, requirements for contracts of pledge and mortgage, and the concept of confusion of rights. Key points covered include that a presumption of debt exists if a private document is in the debtor's possession, interest is an accessory obligation in a loan, both principal and accessory obligations are extinguished if the principal is condoned, and confusion of rights or merger of rights occurs when the creditor and debtor are the same person.

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    Original Title

    ARTICLE 1272- 1275

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    The document discusses various articles related to obligations and contracts under Philippine civil law. It provides multiple choice questions and answers about presumptions of debt based on possession of documents, distinguishing between private and public documents, principal and accessory obligations, requirements for contracts of pledge and mortgage, and the concept of confusion of rights. Key points covered include that a presumption of debt exists if a private document is in the debtor's possession, interest is an accessory obligation in a loan, both principal and accessory obligations are extinguished if the principal is condoned, and confusion of rights or merger of rights occurs when the creditor and debtor are the same person.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    241 views4 pages

    Article 1272 - 1275

    Uploaded by

    Mary Ann melendeZ
    The document discusses various articles related to obligations and contracts under Philippine civil law. It provides multiple choice questions and answers about presumptions of debt based on possession of documents, distinguishing between private and public documents, principal and accessory obligations, requirements for contracts of pledge and mortgage, and the concept of confusion of rights. Key points covered include that a presumption of debt exists if a private document is in the debtor's possession, interest is an accessory obligation in a loan, both principal and accessory obligations are extinguished if the principal is condoned, and confusion of rights or merger of rights occurs when the creditor and debtor are the same person.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 4

    ARTICLE 1272-1275

    ARTICLE 1272
    1. It is a presumption whenever a private document in which the debt is found in the
    possession of the debtor.

    a. Retroactive
    b. Evidence
    c. Prima Facie
    d. Judicial

    Answer: C. PRIMA FACIE

    2. What kind of document is a promissory note which is not notarized?

    a. Legal document
    b. Public document
    c. Private document
    d. Illegal document

    Answer: C. PRIVATE DOCUMENT

    3. Alexa owes Roco 100,000 that is evidenced by a promissory note. The note is signed by
    Alexa is given to Roco. Supposed that Alexa has not yet paid Roco and she has already
    the promissory note, the presumption is:

    a. The obligation has been remitted by Roco.


    b. Roco should voluntarily delivered the note to Alexa
    c. The debt must have been remitted by Alexa.
    d. Alexa should have another promissory note.

    Answer: A. THE OBLIGATION HAS BEEN REMITTED BY ROCO

    ARTICLE 1273

    4. It is an obligation that acts independently

    a. Accessory obligation
    b. Principal obligation
    c. Pure obligation
    d. Real obligation
    Answer: B. PRINCIPAL OBLIGATION
    5. Angel owes 500,000 from Graeziel that has 5% interest monthly. Subsequently, Graeziel
    condoned the main obligation. In that situation, which obligation will be extinguished?
    a. Both the principal obligation and accessory obligation
    b. Principal obligation only
    c. Accessory obligation only
    d. Other obligation

    Answer: A. BOTH PRINCIPAL OBLIGATION AND ACCESSORY OBLIGATION

    6. In a contract of loan having an interest, what is the accessory obligation?

    a. Contract of loan
    b. Payment of debt
    c. Interest
    d. Waiver
    Answer: C. INTEREST

    ARTICLE 1274
    7. The following are the requisites essential to the contract of pledge and mortgage except:

    a. Should be constituted to secure fulfillment of principal obligation


    b. Pledger or mortgager should be the absolute owner of the thing pledged or
    mortgaged.
    c. That the people constituting the pledge or mortgage have the free disposal of their
    property.
    d. Third persons who are parties to the principal obligation may secure the latter by
    pledging the property.

    Answer: D. Third persons who are parties to the principal obligation may secure the latter
    by pledging the property.

    8. In order to constitute the contract of pledge the thing must be placed in the possession
    of except:

    a. Creditor
    b. Debtor
    c. Third person
    d. Obligee

    Answer: B. DEBTOR

    9. Which is an essential requisite in a contract of pledge in which the object will be usually
    delivered to the possession of creditor or a third person?
    a. Common agreement
    b. Stipulated by law
    c. Judicial order
    d. Extrajudicial order

    Answer: A. COMMON AGREEMENT

    Article 1275
    10. It is when the creditor and debtor merged in the same person.

    a. Compensation
    b. Condonation
    c. Confusion of rights
    d. Remission

    Answer: C. CONFUSION OF RIGHTS

    11. Which of the following is a requisite of merger of rights?

    a. Creditor and debtor in the same person


    b. The merger take place either the principal creditor or third person
    c. The merger must be complete and definite
    d. Both a and c

    Answer: D. BOTH A AND C

    12. “Complete and definite” in merger of rights means:

    a. Extinguishment of obligation should be complete or total in character.


    b. The debtor should deliver the thing completely
    c. The terms and conditions in contract are complete
    d. Meeting of all the qualities of the creditor and debtor in the obligation
    Answer: D. Meeting of all the qualities of the creditor and debtor in the obligation

    By: Khassandra Marie Dumaguin

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