Professional Documents
Culture Documents
cOnege Of Law
:NSTRUCT10NS:
1. Answerthe questions brio v,concise:v,and adoouateivi
VVordiness wi::be taken against you.
2. Use dark ink.
3_ SUBM:T THE QUEST10NNAIRE TOCETHER WITH
THE EXAM B00KLET.
l. TRUE OR FALSE(4 0%)
if the statement i,true, write TRUE after the rresponding number,
nol.hino more.
duJ a
1. :f the obieCt Of the obligation is divisible,the ob:igation itseif is aiso
, 0 /
2.
lf judicial or extraiudidal d ILmand b ma.e by one d e
J J
" dav
creditors upon one of the solidary debtors,payment to andher solidary creditor
will not extinguish the obligation.
18. Remission of the debt carries with it the remission of the pledge
which secures the debt.
19. In reciprocal obligations, there can be no lqgfg if the other party has
not yet peformed his prestation.
ll. (2oo/ol
Gloria now makes demand on Ronnie for the full amount, plus penalty for
mora from 1O May 2OO3.
Ronnie, advised by his lawyers Edong and Emie, resists, contending that:
ilr. (2o%,
After securing all the necessary papers from the proper govemment,
aEencies, Krie hired Joey's services to convert her ricefield into a fishpond. Their
agr(ment was that the project should be finished at the end of the 18th month
after the @mmen@ment of the work. They also agreed that, should Joey
compfete the work in 15 months or less, Kris would pay Joey 6 25o/o incentive fee
over and above the stipulated amount of 5 Million Pesos. In addition, Kris
committed to Joey that if, during ths project, Kris ever decided to sell the
proprerty, she would make Joey the first offer. All this was orally agreed upon.
A week later, Joey started the project, and, desirous of eaming the
incentive fee, put more than the usual number of men on the job. Seven months
into the project, however, Kris was approached by Phillip who, having seen the
worl< ..loey was undertaking, offered to buy the property for 3O Million Pesos. Kris
at first demurred, and told Phillip that she had given Joey a preferential right to
buy the property. But after Phillip upped the offer to 4O Million, Kris finally
accepted. The nececsary deed of sale was executed between Kris and Phillip,