Contracts and Obligations Law

<p>Both statements are correct. (A)</p> Signup and view all the answers

<p>Conventional subrogation. (C)</p> Signup and view all the answers

<p>Constitution. (A)</p> Signup and view all the answers

<p>An obligation to safeguard real property. (B)</p> Signup and view all the answers

<p>It is subject for reimbursement. (C)</p> Signup and view all the answers

<p>Only if it benefits the creditor with the burden of proof on the creditor (A)</p> Signup and view all the answers

<p>Contracts that were executed under duress or fraud (A)</p> Signup and view all the answers

<p>Involves multiple performances where only one suffices (D)</p> Signup and view all the answers

<p>Public instrument must be used (C)</p> Signup and view all the answers

<p>They are governed solely by the joint agreement of the parties (C)</p> Signup and view all the answers

<p>Contracts of simple donation (D)</p> Signup and view all the answers

<p>The burden of proof lies only on the creditor if the payment benefits them (C)</p> Signup and view all the answers

<p>Conventional subrogation based on agreement (A)</p> Signup and view all the answers

Payment to a third party is valid only if it benefits the creditor, and the burden of proof is on the creditor.

Contracts of sale of real property (private instruments), contracts of pledge, and some partially executed loan agreements can be reformed.

Donations of movable property must be in writing if exceeding a certain value (e.g. PhP 5,000) and be in a public instrument.

If a contract has multiple possible meanings, the most beneficial interpretation must be used to carry out the contract's objective.

A type of subrogation that occurs by agreement between the parties.

The Constitution is the primary source of fundamental powers in a written document.

Innominate contracts are governed by the expressed agreement of the parties and by the most analogous contracts.

An obligation to give a specific, tangible item (e.g. a car) is a real obligation.

Payment to someone other than the creditor is valid only if it benefits the creditor. The creditor has the burden of proving this benefit.

Contracts like sale of real property (private instruments), pledges, and partially executed loans can be reformed if there are errors.

Donations of movable property, like furniture, require a written document if the value exceeds a certain limit (e.g., PhP 5,000).

When there are multiple meanings in a contract, the interpretation that makes it most effective is chosen.

These contracts are governed by the parties' agreement and rules from similar contracts.

An obligation to give a specific item, like a car, is considered a real obligation.