Exam (elaborations) TEST BANK BUSINESS LAW BY SORIANO

TEST 1 – MULTIPLE CHOICE. Select the best answer by writing the letter of your choice. 1. The following are the requisite of an obligation, except: a. Passive subject, debtor or obligor b. Active subject, creditor or oblige c. Efficient cause d. Demand 2. Obligations may arise from any of the following, except: a. Contracts b. Quasi-contracts c. Law d. Prestation 3. It is the voluntary administration of the property of another without his consent. a. Negotiorum gestio b. Solution indebiti c. Quasi-delict d. Contracts 4. It is a wrong committed without any pre-existing relations between the parties. a. Natural obligation b. Quasi-delict c. Quasi-contract d. Crime 5. Unless the law or the stipulations of the parties require another standard of care, every person obliged to give something is also obliged to take care of it with: a. Extra-ordinary diligence b. Diligence of a father of a good family c. Diligence of a good father of a family d. Good diligence of a father of a family 6. The creditor has a right that is enforceable against a definite passive subject. The right is known as: a. Personal right b. Real right c. Natural right d. Civil right 7. It is a thing that is particularly designated or physically segregated from all others of the same class. a. Generic thing b. Indeterminate thing c. Determinate thing d. Real thing 8. One of the following is determinate thing. Which is it? a. A cow b. A horse c. A Toyota car with engine no. 12345, body no. 35787 and plate no. ABC 123. d. A ring with diamond embellishment 9. Demand must be made on the due date of the obligation in order for delay to exist in one of the following cases. Which is it? a. When it was stipulated by the parties that demand need not be made. b. When the law provides that demand need not be made. c. When the obligation does not indicate whether demand must be made or not on due date. d. When time is of the essence of the contract. 10. This refers on the delay on the part of the creditor. a. Mora solvendi ex re b. Compensation morae c. Mora solvendi ex personae d. Mora accipiendi