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Civil Transactions and Conditions Quiz

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Questions and Answers

When is the form of a civil transaction a condition for its effectiveness?

When the subjects do not have civil legal capacity

When there is no written agreement

Only when the law specifically requires it (correct)

Always, regardless of the type of transaction

Which of the following statements is true about the validity of a civil transaction?

Civil transactions are always valid even without proper legal capacity

The objective of a civil transaction must always be in accordance with social morals

Invalid civil transactions can sometimes be recognized as valid by the court (correct)

Written form is never a condition for a civil transaction to be valid

What are the conditions for effective civil transactions according to Article 117?

Civil legal capacity is not necessary

Subjects must participate voluntarily and act voluntarily (correct)

The form of the transaction is irrelevant

Civil transaction must comply with social morals

Under what circumstances can a civil transaction be considered valid even if the written document does not conform to the law?

If at least one party has performed at least two-thirds of the obligations Signup and view all the answers

What happens to a civil transaction if the subjects do not act voluntarily?

It becomes void automatically Signup and view all the answers

When can a civil transaction be considered invalid according to Article 129?

When the written document does not conform to the law and no obligations have been performed Signup and view all the answers

What is the time limit for requesting a court to declare a civil transaction invalid under Article 132 of the Civil Code 2015 in Vietnam?

Two years from the date on which a minor's representative knows the ward established the transaction. Signup and view all the answers

Under Article 133 of the Civil Code 2015, in which scenario will a transaction with a bona fide third party remain valid even if the civil transaction is invalid?

When the transacted property is a moveable property not required to be registered and already transferred to a third party. Signup and view all the answers

What happens if there is still no request for declaring a civil transaction invalid after the time limit prescribed in Clause 1 of Article 132 of the Civil Code 2015?

The transaction remains valid. Signup and view all the answers

In which case are parties not required to carry out notarization or certification for a civil transaction?

When one party has performed at least two-thirds of the obligations. Signup and view all the answers

Under what circumstances does a person lacking cognition and behavior control establish their own transaction?

When they are legally incapacitated. Signup and view all the answers

For civil transactions specified in Articles 123 and 124 of the Civil Code 2015, what is unique about the time limit for requesting a court to declare them invalid?

The time limit is not restricted. Signup and view all the answers