PART 1 Ques.docx
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Ramon Magsaysay Memorial Colleges
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It is a meeting of minds between two persons whereby one by binds himself, with respect to the other, to give something or to render some service. a. Law b. Obligation c. Contract d. Memorandum of argument 3. Those which have for their object the establishment of a condition in law whi...
It is a meeting of minds between two persons whereby one by binds himself, with respect to the other, to give something or to render some service. a. Law b. Obligation c. Contract d. Memorandum of argument 3. Those which have for their object the establishment of a condition in law which is necessary as a preliminary step towards the celebration of another subsequent contract. a. Principal b. Preparatory c. Accessory d. Formal 2. Those which can subsist independently from other contracts and whose purpose can be fulfilled by themselves. 3. Those which can exist only as a consequence of, or in relation with, another prior contract. a. Principal b. Preparatory c. Accessory d. Formal 4. Those which are perfected by the mere agreement of the parties. a\. Formal b\. Real c\. Consensual d\. Principal 7\. Those require not only the consent of the parties for their perfection, but also the delivery of the object by any one party to the other. a\. Formal b\. Real c\. Consensual d\. Principal 8\. Those which give rise to an obligation for only one of the parties. a\. Informal b\. Formal c\. Unilateral d\. Bilateral 9\. Those which give rise to reciprocal obligations for both parties. a\. Informal b\. Formal c\. Unilateral d\. Bilateral 10\. Those in which each of the parties aspires to procure for himself a benefit through the giving of an equivalent or compensation. a\. Onerous b\. Formal c\. Unilateral d\. Gratuitous 11\. Those in which one of the parties purposes to give to the other a benefit without any equivalent or compensation. a\. Onerous b\. Formal c\. Unilateral d\. Gratuitous 12\. Those where each of the parties acquires an equivalent of his prestation and such equivalent is pecuniarily appreciable and already determined from the moment of the celebration of the contract. a\. Unilateral b\. Commutative c\. Aleatory d\. Gratuitous 13\. Those where each of the parties has to account the acquisition of an equivalent of his prestation,but such equivalent, although pecunianly appreciable,is not yet determined at the moment of the celebration of the contract,since it depends upon the happening of the uncertain event this charging the parties with the risk of loss or gain. 14\. Those which have their own individuality and are regulated by special provisions of law. 15\. Those which lack individuality and are not regulated by special provisions of law. 16\. Is a contract whereby almost all of its provisions are drafted by one party. 17\. I. It is erroneous to conclude the contracts of adhesion are invalid per se. II. A contact of adhesion becomes void only when the dominant party takes advantage of the weakness of the other party. 18\. The contracting parties may establish such stipulations,clauses,terms and conditions as they may deem convenient, provided they are not contrary to law,morals,good customs,public order ,or public policy. 23\. Is contract whereby the parties, by making reciprocal concessions, avoid litigations or put an end to one already commenced. 24\. The following are the rules in innominate contract, except; 25\. The contract must bind both contracting parties; its validity or compliance cannot be left to the will of one of them. 27\. Contracts take effect only between the parties, their assigns and heirs, except in case where the rights and obligations arising from the contract are not transmissible by their nature, or by stipulation or by provision of law. 28\. The exceptions in the principle of relativity of contracts are the following excepti 34\. Any third person who induces another to violate his contract shall be liable for damages to the other contracting party. 35\. The elements of tort interference are the following, except: 36\. The following are the stages in the life of a contract, except: 37\. It begins from the time the prospective contracting parties manifest their interest in the contract and ends at the moment of agreement of the parties. 38\. Takes place when the parties agree upon the essential elements of the contract. 39\. The parties fulfill or perform the terms agreed upon in the contract, culminating in its extinguishment.. Those which are perfected by the mere agreement of the parties. 42\. Those which require not only the consent of the parties for their perfection, but also the delivery of the object by any one party to the other. 43\. One of the parties delivers to another, either something not consumable so that the latter may use the same for a certain time and return it. 44\. Is constituted from the moment a person receives a thing belonging to another, with the obligation of safely keeping it and and of returning the same? 45\. The creditor is given the right to retain his debtor's movable property in his possession, or in that of a third person to whom it has been delivered until the debt is paid. 46\. When the law requires that a contract be in some form in order that it may be valid or enforceable, or that a contract be proved in a certain way, that requirement is absolute and indispensable. 48\. Contracts take effect only to the parties, their assigns and heirs except where the rights and obligations arising therefrom: 49\. D borrowed a sum of money from C with a certain rate of interest. C now wants to increase the rate of interest without the consent of D. What principle in contracts prohibits C from doing so?