LESTER SOURCE

LAW ON OBLIGATIONS AND CONTRACTS

FINAL QUIZ 1

Question 1
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________________ contract which is an absolute nullity.

Select one:
a. Non existent
b. Valid
c. Voidable
d. Rescissible

Question 2
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Under rescissible contracts, whoever acquires in bad faith the things alienated in fraud of
creditors, shall indemnify the latter for damages suffered by them on account of the
alienation, whenever, due to any cause, it should be impossible for him to return them.

Select one:
a. FALSE
b. TRUE

Question 3
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If the doubts are cast upon the principal object of the contract in such a way that it cannot
be known what may have been the intention or will of the parties, the contract shall be null
and void.

Select one:
a. False
b. True

Question 4
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The various stipulations of a contract shall be interpreted together, attributing to the

doubtful ones that sense which may result from all of them taken jointly.

Select one:
a. True
b. False
Question 5
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Words which may have different significations shall be understood in that which is most in
keeping with the nature and object of the contract.

Select one:
a. False
b. True

Question 6
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Those contracts where the consent is vitiated by mistake, violence, intimidation, undue
influence or fraud.

Select one:
a. Voidable
b. Ratification
c. Reformation
d. Rescissible

Question 7
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The various stipulations of a contract shall be interpreted ________________, attributing to the

doubtful ones that sense which may result from all of them taken jointly.

Select one:
a. partly
b. separately
c. independent
d. together

Question 8
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The action for annulment of contracts shall not be extinguished when the thing which is the
object thereof is lost through the fraud or fault of the person who has a right to institute the
proceedings.

Select one:
a. FALSE
b. TRUE

Question 9
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_______________________contract shall be resolved against the party who prepared the contract
and in favor of the one who merely adhered to it.

Select one:
a. Adhesion
b. Voidable
c. Rescissible
d. Unenforceable

Question 10
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In order to judge the intention of the contracting parties, their contemporaneous and
subsequent acts shall be principally considered.

Select one:
a. True
b. False

FINAL QUIZ 2

Question 1
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Those contracts that are expressly prohibited or declared void by law are unenforceable.

Select one:
a. FALSE
b. TRUE

Question 2
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_______________________ any person may invoke the inexistence of the contract whenever
juridical effects founded thereon are asserted against him.

Select one:
a. None of the choices
b. accion subrogatoria
c. accion reinvindicatoria
d. accion pauliana

Question 3
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_______________________evidence of agreement and is used to show the intention of the
parties.

Select one:
a. Purpose of Statutes
b. Governing rules in unauthorized contracts
c. Written memorandum/note
d. Statute of Frauds

Question 4
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Those contracts whose cause, object or purpose is contrary to law, morals, good customs,
public order, or public policy.

Select one:
a. Reformation
b. Rescissible
c. Inexistent
d. Voidable

Question 5
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Those contracts which contemplate an impossible service are inexistent or void from the
beginning.
Select one:
a. TRUE
b. FALSE

Question 6
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Those contracts which are absolutely simulated or fictitious are inexistent or void from the
beginning.

Select one:
a. FALSE
b. TRUE

Question 7
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Contracts that are ratified, where both parties are incapable of giving consent to a contract
are unenforceable.

Select one:
a. TRUE
b. FALSE

Question 8
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A contract which is the direct result of a previous illegal contract is also void and inexistent.

Select one:
a. TRUE
b. FALSE

Question 9
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The following are characteristics of unenforceable contracts, except:

Select one:
a. They are susceptible of ratification
b. They cannot be assailed by third persons
c. They cannot be enforced by a proper action incourt
d. They produce legal effects unless set aside by a competent court.

Question 10
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_____________________________is one that by universally recognized standards is inherently or
by its very nature bad or improper, immoral or contrary to good conscience.

Select one:
a. Illegal per se
b. fraud
c. None of the choices
d. pari delicto