17.

An instrument may be reformed d

a. Simple donations inter vivos wherein no condition is imposedb. Willsc. When the instrument does not express
the true intention of the parties due to mistaked. When the real agreement is void
ANSWER: C
18.
Three of the following contracts are void. Which one is not?
a. Oral contract of partnership of three partners and capital contribution is more than P3,000 in cashb. Written
contract contemplating impossible servicesc. Oral contract of partnership where real estate is contributed as
capitald. Agent's authority to sell land is given orally.
ANSWER: A
19.
When a third person assumes the payment of the obligation even without the knowledge and
consent of thedebtor but with the consent of the creditor
a. There is novationb. There is delegation if debtor is releasedc. There is subrogationd. There is expromission if
debtor is released
ANSWER: D
20.
Which of the following is not an element of legal compensation?
a. Debts to be compensated are due and demandableb. There is controversy or adverse claim over any debts to be
compensatedc. There are two or more debts of the same kindd. There are two or more persons who are creditor or
debtors of each other.
ANSWER: B
Obligations & Contracts MCQ (1-10)
1. When the debtor binds himself to pay when his means permit him to do so, the obligation is:
a. Conditionalb. Purec. Simpled. With a Period
ANSWER: D
2. Contracts which cannot be sued upon unless ratified, thus it is as if they have no effect yet are:
a. Voidableb. Rescissiblec. Voidd. Unenforceable

ANSWER: D
3. If the obligation of the debtor is "I will pay you my debt after I have arrived from abroad," this
is
a. Unenforceableb. With a Periodc. Voidd. Conditional
ANSWER: D

4. When the characters of the creditor and the debtor are merged in one and the same person,
there isextinguishment of the obligation by:
a. Compensationb. Merger of Rightsc. Novationd. Remission
ANSWER: B
5. Through insidious words or machinations, A was able to induce B to enter into a contract
which without them B would not have agreed to it. There is:
a. Undue Influenceb. Fraudc. Mistaked. Misrepresentation
ANSWER: B
6. "A sells to B his lot and house in the city if A decides to transfer and live in the countryside" is
an example of:
a. Mixed Conditionb. Potestative Conditionc. Casual Conditiond. Resolutory Condition
ANSWER: B
7. It is a mode of extinguishing an obligation when two persons in their own right are creditors of
each other.
a. Confusionb. Reformationc. Compensationd. Novation
ANSWER: C
8. A contract is in the stage of conception when:
a. There is meeting of the minds.b. Negotiations are in progress.c. The parties come to an agreement.
d. The contract is perfected.
ANSWER: B
9. If the obligor binds himself to perform his obligation as soon as "he shall have obtained a
loan" from a certainbank, this obligation is:
a. With a Termb. Conditionalc. Suspensived. Resolutory
ANSWER: B
10. Contracts entered into in a state of drunkenness or during a hypnotic spell are:
a. Voidb. Validc. Voidabled. Legal
ANSWER: C