Under defective causes, lesion or inadequacy of cause is valid unless fraud or undue
influence is valid.
Question 1Select one:
a.
False
b.
True
Question 2
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The particular motive of the parties entering into a contract are the same from the cause
thereof.
Question 2Select one:
a.
True
b.
False
Question 3
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___________________ is where courts must find that the contract contravenes some established
interest in the society
Question 3Select one:
a.
Contrary to public policy
b.
Contrary to law
c.
Contrary to morals
d.
Contrary to good customs
Question 4
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___________________________is a wrong or false notion about such matter, a belief in the
existence of some circumstance, a fact or event which in reality does not exist
Question 4Select one:
a.
Mistake
b.
Violence
c.
Fraud
d.
Undue influence
Question 5
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In contracts creating real rights, third persons who come into possession of the object of the
contract are bound hereby, subject to the provisions of the Mortgage Law and Land
Registration Laws.
Question 5Select one:
a.
False
b.
True
Question 6
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____________________ means man's innate sense or notion of what is right and wrong is more
or less universal.
Question 6Select one:
a.
Contrary to public policy
b.
Contrary to public order
c.
Contrary to law
d.
Contrary to morals
Question 7
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In impossibility of things and services, the impossibility must be actual and
contemporaneous with the making of the contract and not subsequent.
Question 7Select one:
a.
True
b.
False
Question 8
Incorrect
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Stipulations in favor of third persons may demand its fulfillment provided the acceptance is
made after revocation.
Question 8Select one:
a.
False
b.
True
Question 9
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____________________is a characteristic of a contract which constitutes the law between parties.
Question 9Select one:
a.
Obligatory force
b.
Freedom
c.
Mutuality
d.
Relativity
Question 10
Correct
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_______________________ contracts are essentially agreements to give donations.
Question 10Select one:
a.
None of the choices
b.
Gratuitous
c.
Onerous
d.
Remuneratory
Under form of contracts, when the law requires that a contract be in some form in order
that it may be valid and enforceable or that a contract be proved in a certain way, that
requirement is ________________and indispensable.
Question 1Select one:
a.
Partial
b.
Limited
c.
Absolute
d.
Conditional
Question 2
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If the law requires a document or other special form, as in the acts and contracts
enumerated in the contracts must appear in public document, the contracting parties may
_____________________each other to observe that form, once the contract has been perfected.
Question 2Select one:
a.
Exempt
b.
Compel
c.
Disregard
d.
Refrain
Question 3
Incorrect
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When there is meeting of minds but the true intention is not expressed, a relief of
reformation of the instrument may be sought by one of the parties.
Question 3Select one:
a.
False
b.
True
Question 4
Incorrect
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All other contracts where the amount exceeds five hundred pesos must appear in
_________________, even private one.
Question 4Select one:
a.
None of the choices
b.
General circulation
c.
Newspaper
d.
Writing
Question 5
Correct
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The procedure of reformation of instrument shall be governed by _____________________of the
Supreme Court.
Question 5Select one:
a.
Clerk of court
b.
Rules of court
c.
Criminal court
d.
None of the choices
Question 6
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If mistake, fraud, inequitable conduct or accident has prevented to have a meeting of the
minds by both parties, the remedy is reformation.
Question 6Select one:
a.
True
b.
False
Question 7
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If one party was mistaken and the other acted fraudulently or inequitably in such a way that
the instrument does not show their true intention, the former may ask for the reformation of
the instrument.
Question 7Select one:
a.
True
b.
False
Question 8
Correct
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When there is unilateral mistake, the uninjured party may ask for reformation.
Question 8Select one:
a.
True
b.
False
Question 9
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________________________ is no impediment to the reformation of an instrument.
Question 9Select one:
a.
Equity
b.
All of the choices
c.
Statute of Frauds
d.
Court
Question 10
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A contract to be effective as Cessation must not appear in a public document.
Question 10Select one:
a.
True
b.
False
The determination of the performance may be left to a third person, whose decision shall
not be binding until it has been made known to both contracting parties.
Select one:
a.
False
b.
True
Question 2
Correct
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Impossible things or services can be the object of contracts.
Select one:
a.
False
b.
True
Question 3
Correct
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A contract where consent is given through mistake, violence, intimidation, undue influence,
or fraud is voidable.
Select one:
a.
valid
b.
vitiate
c.
invalid
d.
voidable
Question 4
Correct
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In impossibility of things and services, the impossibility must be actual and
contemporaneous with the making of the contract and not subsequent.
Select one:
a.
True
b.
False
Question 5
Correct
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Under form of contracts, when the law requires that a contract be in some form in order
that it may be valid and enforceable or that a contract be proved in a certain way, that
requirement is ________________and indispensable.
Select one:
a.
Conditional
b.
Absolute
c.
Limited
d.
Partial
Question 6
Correct
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____________________ means man's innate sense or notion of what is right and wrong is more
or less universal.
Select one:
a.
Contrary to morals
b.
Contrary to public order
c.
Contrary to public policy
d.
Contrary to law
Question 7
Correct
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When one of the parties is unable to read, or if the contract is in a language not understood
by him, and mistake or fraud is alleged, the person enforcing the contract must show that
the terms thereof have been fully explained to the former.
Select one:
a.
False
b.
True
Question 8
Correct
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Contracts shall be obligatory, in whatever form they may have been entered into, provided
all essential requisites for their validity are present.
Select one:
a.
True
b.
False
Question 9
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Consent is manifested by the meeting of the offer and the acceptance upon the thing and
the cause which are to constitute the contract. The offer must be certain and the acceptance
absolute. A qualified acceptance constitutes a ____________________.
Select one:
a.
counter affidavit
b.
counter strike
c.
counter offer
d.
none of the choices
Mortgage, insurance and bonds are examples of natural elements of a contract.
Select one:
a.
False
b.
True
Question 14
Correct
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Contract is perfect when the offeror or counter offeror learn about the acceptance.
Select one:
a.
True
b.
False
Question 15
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There is no contract unless the following requisites concur , except:
Select one:
a.
Consent of the contracting parties
b.
Object certain which is the subject matter of the contract
c.
None of the choices
d.
Cause of the obligation which is established.
Question 16
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If one party was mistaken and the other acted fraudulently or inequitably in such a way that
the instrument does not show their true intention, the former may ask for the reformation of
the instrument.
Select one:
a.
False
b.
True
Question 17
Correct
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When mutual mistake of the parties causes the failure of the instrument to disclose their
real agreement, said instrument may be annulled.
Select one:
a.
True
b.
False
Question 18
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The following are cases where no reformation is allowed except:
Select one:
a.
When real agreement is valid.
b.
Oral contracts
c.
Simple donations
d.
Will
Question 19
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_____________________ is a unilateral proposition which one party makes to the other for the
celebration of the contract
Select one:
a.
Acceptance
b.
Offer
c.
Counter-offer
d.
None of the choices
Question 20
Correct
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Simulation of a contract may be ________________________.
Select one:
a.
none of the choices
b.
absolute or relative
c.
conditional or complicated
d.
qualified or limited
Question 21
Correct
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Failure to disclose facts, when there is a duty to reveal them, as when the parties are bound
by confidential relations, constitutes __________________________.
Select one:
a.
fraud
b.
misrepresentation
c.
intimidation
d.
violence
_____________________________of the law excuses no one from compliance therewith
Select one:
a.
Mistake
b.
Ignorance
c.
Error
d.
Influence
Consent is manifested by the _____________________ of the offer and acceptance upon the
thing and the cause which are to constitute a contract.
Select one:
a.
Laws
b.
Performance
c.
Contracts
d.
Meeting
Question 27
Correct
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All other contracts where the amount does not exceed five hundred pesos must appear in
writing.
Select one:
a.
True
b.
False
Question 28
Correct
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A qualified acceptance constitutes a counter offer.
Select one:
a.
False
b.
True
Question 29
Correct
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The following must not be stipulated in the contract, except:
Select one:
a.
contrary to good customs
b.
contrary to traditions
c.
contrary to law
d.
contrary to morals
The determination of the performance maybe left to a third person, whose decision is
binding even if not known to both parties.
Select one:
a.
False
b.
True
A mere expression of an opinion does not signify fraud, unless:
Select one:
a.
it has created minimal mistake
b.
made by an expert and the other party has relied on the former's special knowledge.
c.
it is made in good faith
d.
all of the choices
Question 34
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There is _________________ when through insidious words or machinations of one of the
contracting parties, the other is induced to enter into a contract which, without them, he would
not have agreed to.
Select one:
a.
Undue influence
b.
Reasonable fear
c.
None of the choices
d.
Fraud
There is __________________________ when, through insidious words or machinations of one of
the contracting parties, the other is induced to enter into a contract which, without them, he
would not have agreed to.
Select one:
a.
intimidation
b.
fear
c.
fraud
d.
violence
A contract where consent is given through mistake, violence, intimidation, undue influence
is voidable.
Select one:
a.
False
b.
True
Question 39
Correct
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___________________ tends only to assure and pave the way for the celebration of a contract is
actually made, the rights and obligations are not yet determined.
Select one:
a.
Perfected promise
b.
Contracts
c.
None of the choices
d.
Imperfect promise
Question 40
Correct
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Mortgage, guaranty and bond are examples of _______________________ elements of a contract
Select one:
a.
Accidental
b.
All of the choices
c.
Essential
d.
Natural
____________________means automatic foreclosure.
Select one:
a.
None of the choices
b.
Pactum commisorum
c.
Pactum leonina
d.
Pactum de non alienado
Question 43
Correct
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All things which are not outside the commerce of men, including future things, may be the
object of a contract.
Select one:
a.
True
b.
False
Question 44
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No contract may be entered into upon future inheritance except in cases expressly
authorized by law.
Select one:
a.
False
b.
True
Question 45
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____________________is a characteristic of a contract wherein validity and performance cannot
be left at the will of one of them.
Select one:
a.
Mutuality
b.
Relativity
c.
Freedom
d.
Obligatory force
Question 46
Correct
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A contract to be effective as Cessation must not appear in a public document.
Select one:
a.
False
b.
True
Question 47
Correct
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The following are causes of reformation of instrument except:
Select one:
a.
Mutual, mistake of fact, clear and convincing proof.
b.
Unilateral, one party is in bad faith, the party in good faith may seek reformation of contract.
c.
Mistake by 3rd persons where due to ignorance, lack of skill, negligence, bad skill of drafter.
d.
None of the choices
Question 48
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A simple mistake of account shall give rise to its _________________________.
Select one:
a.
invalidity
b.
none of the choices
c.
validity
d.
correction
Question 49
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The fixing of a price may be determined by one of the contracting party for the sale to be
perfected.
Select one:
a.
True
b.
False
Question 50
Correct
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An offer made through an agent is accepted from the time acceptance is communicated to
him.
Select one:
a.
True
b.
False
