Define

1) credit transactions
2) Security
3) Bailment
4) Bailor
5) Bailee
6) Loan
7) Commodatum
8) Mutuum or Simple Loan
9) Consumable dependent on the nature
10)
Fungible - dependent on the intention
11)
Barter
12)
Interest
13)
Usury Law
14)
Cb Circular 905 abolishes interest rate ceilings
15)
Deposit
16)
Identify & describe
1) types of credit transactions
-2
2) types of security
-2
3) Kinds of contractual bailment
-3
4) Types of bailment for hire - 4
5) Characteristics of Loan
-2
6) Difference commodatum & mutuum (9)
a. Object
b. Ownership
c. Cause
d. Things to be returned
e. Subject matter
f. Purpose
g. When to return
h. Who bears risk of loss
i. character
7) General rule if things borrowed is consumable? Exception? (purpose)
8) 2 Kinds of commodatum
9) 2 General rule in commodatum? 2 Exceptions? If main cause is use of the
fruits, is it a commodatum? (Fruits & character) What is the
exception to the exception on use of members household? (2)
10)
What is the effect of an accepted promise to deliver by way of
commodatum or mutuum?
11)
Who may be the bailor in commodatum?
12)
Can the bailee lend or lease the thing loaned to him to a third
person?
13)
Effect of death in commodatum?
14)
3 Differences between loan & credit (san beda)
15)
Obligations of the bailee in commodatum (7)
16)
General Rule for liability in case of loss in
commodatum? Exception (5 KLASD)
17)
General Rule for deterioration? (3)
Exception
18)
General Rule on retention of the thing
loaned, Exception?

19)
Requisites for the retention of thing
loaned by bailee (Art 1951) (5)
20)
Obligations of the bailor (4)
21)
Exceptions when a bailor may allow
bailee to use the thing loaned in commodatum (3)
22)
Sample of precarium (3)
23)
Samples of acts of ingratitude (3)
24)
Difference Mutuum (Loan) and Lease
Object, ownership, relationship - Beda
25)
Difference Mutuum (loan) and Sale (2)
Beda
26)
Difference Mutuum & Barter Subject
matter, thing returned, cause
27)
Kinds of Interest (5)
28)
General Rule for interest. When is
compound interest allowed? (2)
29)
Requisites for interest to be chargeable
(3)
30)
Rules for award of interest 3
31)
Elements of Usury 4
32)
2 kinds of deposit (2)
33)
2 kinds of extrajudicial (2)
34)
Characteristics of deposit
35)
Difference Deposit and Mutuum
Purpose, when to return, subject matter, relationship, compensation
36)
Exceptions of deposit being gratuitous
3
37)
Difference between Deposit and
Commodatum purpose, cause, subject matter
38)
Obligations of the depositary - 13
39)
When is the depositary liable for the loss
of the thing sold? 3
40)
Effects of comingling - 2
41)
When can a depositary use the thing
deposited 2
42)
Effect of permission to use thing?
(BEDA) 2 converted
43)
Gen rule for fortuitous event. Exceptions
(4)
44)
Obligations if depositary is closed and
sealed 3
45)
What to do if depositary knew the thing
is stolen?
46)
Right of two or more depositors 3
47)
Rule on who to return thing deposited
3,
48)
If incapacitated? 3,
49)
If loses capacity?
50)
Rule on Place of return -2
51)
Gen. rule on time of return of thing
deposited ? exceptions (2)
52)
Right of depositary to return the thing 2
, if not accepted by depositor ?

53)
Exception to right of return of
depositary?
54)
Liability in force majeure or govt order?
55)
Obligation of heir if Alienation in good
faith occur? 2
56)
If bad faith and there is alienation? -2
57)
When can depositary exercise right of
retention?
58)
Obligations of depositor? 2 Exceptions
(4)
59)
When can Extinguishment of deposit
arise? 3
60)
Effect of death in deposit ? 2 to vary
depending if gratuitous or for compensation
61)
Kinds of Necessary deposit 4
62)
Requisites for Inns & hotels to be liable
for a deposit? 2
63)
Extent of liability of hotels & inns - 2
64)
When hotel keeper liable 2
65)
When hotel keeper not liable 3
Exception?
66)
When can a hotel keeper exercise Right
to retention? 2
67)
Purpose of judicial deposit?
68)
Who may be a depositary of sequestered
property? 1 ; obligations (2)

69)
70)
71)

Guaranty
Characteristics 4
Classification of Guaranty (5)
1.
2.
3.
4.
5.

B (R,P)
O (C, L, J)
C (G, O)
P (S, D/Sg)
S (D,I)

1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.

AGigg
Otcoagc
Amwwiagbohspg
Agnnbuwtkotd
Agmbfoavpo
Agmstpoavuono
Agmsafd
Agmstpoaco
Aglcetpo
Teoaginp
Cogicbtsof

72)

11 Rules governing warranty

73)
74)
75)
76)
77)
78)
79)
Creditor (8)
1. Aghtrtbfe/e
2. tchartsajatgptte
3. tchtdtmpdftg
4. tghtdtsutboe
5. tchtdtrtalr
6. Tchtdtntgitaatd
7. Acsnptpnapti
8. cgaettbod
80)
Guarantor (4)
1. Tghtrtbsttrotc
2. Tghtdtntdbptc
3. Tgcmpbtohbd
4. tgmpatdebphbm
81)
guarantors (3)
82)
83)
84)
85)
86)
mortgage
87)
Excussion
88)

Guaranty vs. Warranty

5 differences Guaranty & Surety
Qualifications of a guarantor (3)
Exception to qualification
Selection of a guarantor (3)
Excussion
Effects of Guaranty Guarantor &

Effects of Guaranty Debtor and

effects of guaranty as between co

Extinguishment of guaranty (5)
Bon
Bondsman
3 Qualifications of personal Bondsman
Guaranty & Suretyship vs. Pledge or
Why is a bondsman not entitled to
Effect of negligence of creditor on surety

89)
90)
91)
right or law ;

Suretyship
Nature of suretys undertaking (5)
Strictissimi Juris Rule of the strictest
It has to be strictly interpreted against the creditor and in favor of the guarantor and isnt to be extended

beyond its terms or specified limits

92)
6 essential requisites common to Pledge
& mortgage
93)
8 important point
94)
2 rights of creditor where debtor fails to
comply with obligation
95)
Prohibition against Pactum
Commissorium (3)
96)
7 important points
97)
Pledge
98)
Kinds (2)
99)
Characteristics (4) RAUS
100)
Cause or consideration
101)
Provisions applicable to pledge (7)
102)
6 rights and duties of creditor in a pledge
103)
4 rights of pledge
104)
4 rights and duties of the pledgor
105)
4 ways to extinguish pledge
106)
6 Requirements in sale of thing pledged by a creditor if credit is not
paid on time
107)
3 effects of the sale of the things pledged
108)
5 Legal Pledges
109)
PD114 Rules loans granted at least 30% of the value of the item
pawned; service charge is P5 to 1% of the item; public auction with notice
at last 1 week before; redemption can be made within 90 days after
maturity
110)
Mortgage cwtdsttctfoapo,imiporroipattpoiciincwatts
111)
Objects of Real Mortgage - 2
112)
Kinds (3) - VLE
113)
Essential requisites to the principle of indivisibility of pledge 6
114)
7 laws governing mortgage
115)
Effects of Mortgage -3
116)
Registration
117)
5 incidents of registration of mortgage
118)
2 effects of invalidity of mortgage on the principal obligation
119)
Foreclosure of mortgage
120)
Acceleration Clause
121)
Kinds of Foreclosure 2
122)
To whom does proceeds go from a sale ? (4)
123)
Extrajudicial Foreclosure 9
124)
4 rights of mortgagee to recover deficiency
125)
3 Effects of inadequacy of price in foreclosure sale
126)
Redemption
127)
Antichresis Cwtcatrtrtfoaiotd,wtotatttpoti,io,atttpotc
128)
Characteristics -2
129)
5 special requisites
130)
4 obligations of antichretic creditor
131)
2 remedies of creditor in case of non payment of debt
132)
Chattel Mortgage cbvowappiritCMRasftpoao
133)
5 laws governing chattel Mortgage

134)
135)
136)
137)
138)
139)
140)
141)
right)
142)
143)
144)
145)

Affidavit of Good Faith

2 effects of registration
3 rights of redemption of mortgage
Foreclosure of Chattel Mortgage -2
3 periods to foreclose
3 rights of mortgagee to recover deficiency
Application of proceeds of sale- 4
Concurrence of credits ipbtomcoeropotspoaotpoad (2 credito same
Preference of credit- rhbtctbpitpohcaoootda
5 general provisions
3 classification of credits SPC, OPC, CC
6 preference of credits-

Mutuum

Lease

Consumable
thing or
money

Movable/
immovable;
fungible or nonfungible
Retained by
owner

Essentially
always
gratuitous
For temporary
possession

Transferred to
borrower;
becomes
property of
debtor
May or may
not be
gratuitous
For
consumption

Things
to be
returned

Same
identical
things as
borrowed

Pay the same

amount of the
same kind &
quality

Subject
matter

Real or
personal
property
Bailor may
demand at
will in case of

Personal
property only

Object

Ownersh
ip

Cause

Purpose

When to
return

Commodatu
m
Non
consumable
or non
fungible
things
Retained by
owner

Lender to wait
for the lapse
of time agreed

Sale

Barter
Non
consumable
or non
fungible
things

Onerous
contract

Judicial
Deposit
Movable
or
immovabl
e

Extrajudici
al deposit
Movable
property

Always
onerous

Generally
gratuitous

Secure or
protect
owners
right

Safekeeping
of the thing
deposited

Upon
order of
the court

Upon
demand
made by

Equivalent
thing is
returned for
what has
been received

Irregular
deposit

Who
bears
the risk
of loss
characte
r
In
whose
behalf
held
Relation
ship
created

Commodatu
m
urgent need

Mutuum

Bailor/owner
bears the risk
of loss

Borrower
suffers the risk
of loss

Purely
personal in
character

Not purely
personal in
character
-

Bailor & bailee

Lender &
borrower

Lease

upon

Landlord &
tenant or lessor
and lessee

Sale

Barter

Judicial
Deposit

Extrajudici
al deposit
the
depositor

Irregular
deposit