Obli Con Exam

OBLIGATIONS AND CONTRACTS
S.Y. 2020-2021
NAME: ______________________________________________________________________________________
COURSE/YEAR LEVEL: ___________________ SCORE: ______________________
I. MULTIPLE CHOICE. Encircle the letter to the answer that best corresponds to the question. (1 point
each)
1. _____________ is a juridical necessity to give, to do, or not to do.

a) Prescription c) Obligation
b) Contracts d) Cause of action
2. Delay or default committed by the debtor is known as ________________.

a) Mora solvendi c) Compensation morae
b) Mora accipiendi d) Soluti indebiti
3) Delay or default on the part of the creditor to accept the delivery of the thing which is the object of the
obligation is known as ___________________.
a) Mora solvendi c) Compensation morae
b) Mora accipiendi d) None of the above
4) A _________ obligation is on where the acquisition of a right or the extinguishment or loss of those
already acquired shall depend upon the happening of an event which constitutes the condition.
a) Pure obligation c) Joint obligation
b) Alternative obligation d) Conditional obligation
5) Which of the following are two types of conditional obligations?

a) Joint and solidary obligations c) Unilateral and bilateral obligations
b) Resolutory and suspensive obligations d) Individual and collective obligations
6) A ____________ condition is one which is demandable at once, but the happening of an event would
extinguish the obligation
a) Resolutory condition c) Alternative condition
b) Suspensive condition d) None of the above
7) A ____________ condition is one where the happening of an event gives rise to an obligation
a) Resolutory condition c) Alternative condition
b) Suspensive condition d) None of the above
8) It is an obligation whose demandability or extinguishment are subject to the expiration of a term or

period.
a) Obligations with a term or period c) Future obligations
b) Retroactive obligations d) Obligations with certainty
9) This type of obligation refers to those juridical relations which comprehend several objects which are
due, but the payment or performance of any one of them is sufficient to satisfy the obligation.
a) Alternative obligation c) Unilateral obligation
b) Facultative obligation d) Multiple obligations
10) This obligation refers to those juridical relations wherein only one object has been agreed upon by the
parties to the obligation, but the obligor may deliver or render another or a different one as a substitute.
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a) Alternative obligation c) Unilateral obligation
b) Facultative obligation d) Multiple obligations
11) It is an obligation where there is a concurrence of several creditors, or several debtors, or of several
creditors and debtors, by virtue of which each of the creditors has a right to demand, while each of the
debtors is bound to render, and such compliance should be proportionate to his share or part in the
prestation or obligation.
a) Solidary obligation c) Bilateral obligations
b) Joint obligation d) Unilateral obligations
12) It is an obligation where there is a concurrence of several creditors, or several debtors, or of several
creditors and debtors, by virtue of which each of the creditors has a right to demand, while each of the
debtors is bound to render the entire compliance with the prestation that constitutes the object of the
obligation.
a) Solidary obligation c) Bilateral obligations
b) Joint obligation d) Unilateral obligations
13) This is a mode of extinguishment of an obligation whereby the debtor alienates in favor of the creditor
a property for the satisfaction of a monetary debt.
a) Dation in payment c) None of the above
b) Dacion en pago d) All of the above
14) It is a mode of acquiring or losing ownership and other real rights through the lapse of time in the
manner and under the conditions laid down by law
a) Natural obligation c) Novation
b) Prescription d) Legal tender
15) It is a special form of payment whereby the debtor abandons all of his property for the benefit of his
creditors in order that from the proceeds thereof the latter may obtain payment of their creditors.
a) Cession/assignment c) Application of payment
b) Novation d) None of the above
II. ENUMERATION.
1. What are the modes of extinguishment of an obligation and briefly discuss each. (12 points)
a)
b)
c)
d)
e)
f)
2. What are the requisites of an obligation? (3 points)

a) __________________________________________
b) __________________________________________
c) __________________________________________
3. Name at least three primary classifications of obligations under Philippine law. (3 points)
a) __________________________________________
b) __________________________________________
c) __________________________________________
III. TRUE OR FALSE. Write TRUE on the blank if the statement is correct and FALSE if it is wrong.
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____________ 1. Laches is the failure or neglect, for a reasonable and explained length of time, to do that
Which, by exercising due diligence, could or should have been done earlier.
____________ 2. Prescription where there is good faith is called ordinary prescription.
____________ 3. Movables possessed through a crime can be acquired through prescription after
uninterrupted possession for 7 months.
____________ 4. Ownership and other real rights over immovable property are acquired by ordinary
prescription through possession of TEN YEARS.
____________ 5. Acquisitive prescription is prescription whereby rights and actions are lost by the lapse
of time.
IV. ESSAY.
1. Define subrogation and discuss the difference between conventional subrogation and legal
subrogation. (5 points)
2. Discuss the 2 forms of novation by substitution. (5 points)
3. Differentiate tender of payment from consignation. (5 points)
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OBLIGATIONS AND CONTRACTS

1. _____________ is a juridical necessity to give, to do, or not to do.

2. Delay or default committed by the debtor is known as ________________.

5) Which of the following are two types of conditional obligations?

8) It is an obligation whose demandability or extinguishment are subject to the expiration of a term or

2. What are the requisites of an obligation? (3 points)

2. Discuss the 2 forms of novation by substitution. (5 points)

3. Differentiate tender of payment from consignation. (5 points)

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