Podcast
Questions and Answers
Which of the following statements about validity and compliance of a contract is correct?
Which of the following statements about validity and compliance of a contract is correct?
- Parties can freely decide on the validity and compliance of a contract
- Validity and compliance are always determined by the courts
- The validity or compliance of a contract cannot be left to the will of the parties (correct)
- Validity and compliance depend solely on the intentions of the pledgee
In case of foreclosure where the sale price is less than the amount due, what can the pledgee recover?
In case of foreclosure where the sale price is less than the amount due, what can the pledgee recover?
- An increased amount to cover the shortfall
- Only a portion of the deficiency
- Nothing (correct)
- The full amount due
Who cannot form a universal partnership due to legal prohibitions?
Who cannot form a universal partnership due to legal prohibitions?
- Persons prohibited from entering into donation contracts by law (correct)
- Individuals with outstanding debts
- Those who do not disclose all assets in a partnership
- Parties who have previously breached a contract
Can actions for future fraud be waived?
Can actions for future fraud be waived?
What is the process of intentionally deceiving others by producing a false contract called?
What is the process of intentionally deceiving others by producing a false contract called?
Which element is NOT included in the crime of estafa by issuing a check?
Which element is NOT included in the crime of estafa by issuing a check?
Is the offense under B.P. 22 considered a continuing offense?
Is the offense under B.P. 22 considered a continuing offense?
'Each act of drawing and issuing a bounced check constitutes a violation of B.P. 22.' Are both statements true?
'Each act of drawing and issuing a bounced check constitutes a violation of B.P. 22.' Are both statements true?
In the given scenario, the contract between Gabriel and Andre can be best described as:
In the given scenario, the contract between Gabriel and Andre can be best described as:
Which statement accurately describes when the instrument or promissory note is discharged?
Which statement accurately describes when the instrument or promissory note is discharged?
When executing a sale with the right to repurchase anytime from the date of sale, what is the timeframe within which the buyer can repurchase the property sold?
When executing a sale with the right to repurchase anytime from the date of sale, what is the timeframe within which the buyer can repurchase the property sold?
In the case where Atoy sells a residential lot to Bitoy based on an area of 1,000 square meters but it actually only contains 950 sq. meters, what can Bitoy request?
In the case where Atoy sells a residential lot to Bitoy based on an area of 1,000 square meters but it actually only contains 950 sq. meters, what can Bitoy request?
