University of Waterloo PSCI 7310: Extinguishment of Obligations – Study Guide on Legal Modes Questions with Accurate Answers

Extinguishment Of Obligations Legal Modes

1. Obligations are extinguished by payment when:

 A. Partial payment made

 B. Performance is complete

 C. Demand exists

 D. Court approves

Answer: B

2. Loss of the thing extinguishes obligation when:

 A. Generic

 B. Fortuitous and determinate

 C. Due to negligence

 D. Debtor delay

Answer: B

3. Confusion occurs when:

 A. Creditor and debtor merge

 B. Payment is delayed

 C. Novation occurs

 D. Court intervenes

Answer: A

4. Compensation requires obligations to be:

 A. Conditional

 B. Liquidated and demandable

 C. Moral

 D. Natural

Answer: B

5. Novation extinguishes obligation through:

 A. Payment

,  B. Substitution

 C. Merger

 D. Delay

Answer: B

6. Dation in payment is considered a form of:

 A. Sale

 B. Novation

 C. Payment

 D. Donation

Answer: C

7. Condonation must be:

 A. Presumed

 B. Express

 C. Judicial

 D. Registered

Answer: B

8. Partial loss extinguishes obligation when:

 A. Debtor chooses

 B. Performance becomes impossible

 C. Creditor refuses

 D. Court orders

Answer: B

9. Legal compensation takes effect:

 A. Upon agreement

 B. By operation of law

 C. By demand

 D. Upon registration