1. When is there no loss of the thing due?
a. When the object perishes
b. When it is in possession of another person
c. When it goes out of commerce
d. When it disappears in such a way that its existence is unknown or it cannot be recovered
2. The debtor shall lose every right to make use of the period, except
a. When after the obligation has been contracted, he becomes insolvent, unless he gives a guaranty or
security for the debt
b. When he does not furnish to the creditor the guaranties or securities which he has promised
c. When the debtor violates any undertaking in consideration of which the creditor agreed to the
period
d. When through fortuitous events or by his own acts the guaranties or securities have been
impaired, unless he immediately gives new ones equally satisfactory
3. I. A father promised to give his son a car if the son will marry B this year. If by the end of the year, B
is already dead or the son has not married B, the obligation to give a car is effective and demandable.
II. A father promised to give his daughter a car if the daughter will not marry her boyfriend earlier
than December 31, 2022. If by December 31, 2022, the daughter has not yet married her boyfriend, or
if prior thereto, her boyfriend has died, the obligation is extinguished.
a. True, true
b. True, false
c. False, true
d. False, false
4. A owes B P10,000. When the debt matured B told A that she need not pay the debt since B is
condoning it. A in turn expressed her gratitude. The debt has been extinguished by
a. Remission
b. Novation
c. Compensation
d. Confusion
, 5. Using the preceding number, if A rejected the offer of B, and B did not collect within the statute of
limitation (period to collect) the debt may be said to have been extinguished by
a. Compensation
b. Annulment
c. Remission
d. Prescription
6. A owes B P10,000 payable on June 30, 2023 and as a security A pledged his ring to B. Necessarily, the
ring was delivered to B. On due date, the ring is found in the possession of A when it should be in the
possession of B. As a result, one of the following is not correct.
a. A's obligation to B is not extinguished
b. A's obligation to B is extinguished
c. The contract of pledge is extinguished
d. The contract of pledge is extinguished but not the principal obligation
7. The buyer has the right to the fruits of the thing from the time
a. The thing is delivered
b. The sale is perfected
c. The obligation to deliver the thing arises
d. The fruits are delivered
8. A is obliged to deliver his only car to B on November 26, 2022 If A does not deliver, and on November
26, 2022, a typhoon destroys the car, which is correct?
a. A is liable because he is in delay
b. A and B will divide the loss equally
c. A is not liable because the obligation is extinguished
d. A's obligation is converted into a monetary obligation
9. Novation which changes the object and parties of the obligation
a. Real
b. Personal
a. When the object perishes
b. When it is in possession of another person
c. When it goes out of commerce
d. When it disappears in such a way that its existence is unknown or it cannot be recovered
2. The debtor shall lose every right to make use of the period, except
a. When after the obligation has been contracted, he becomes insolvent, unless he gives a guaranty or
security for the debt
b. When he does not furnish to the creditor the guaranties or securities which he has promised
c. When the debtor violates any undertaking in consideration of which the creditor agreed to the
period
d. When through fortuitous events or by his own acts the guaranties or securities have been
impaired, unless he immediately gives new ones equally satisfactory
3. I. A father promised to give his son a car if the son will marry B this year. If by the end of the year, B
is already dead or the son has not married B, the obligation to give a car is effective and demandable.
II. A father promised to give his daughter a car if the daughter will not marry her boyfriend earlier
than December 31, 2022. If by December 31, 2022, the daughter has not yet married her boyfriend, or
if prior thereto, her boyfriend has died, the obligation is extinguished.
a. True, true
b. True, false
c. False, true
d. False, false
4. A owes B P10,000. When the debt matured B told A that she need not pay the debt since B is
condoning it. A in turn expressed her gratitude. The debt has been extinguished by
a. Remission
b. Novation
c. Compensation
d. Confusion
, 5. Using the preceding number, if A rejected the offer of B, and B did not collect within the statute of
limitation (period to collect) the debt may be said to have been extinguished by
a. Compensation
b. Annulment
c. Remission
d. Prescription
6. A owes B P10,000 payable on June 30, 2023 and as a security A pledged his ring to B. Necessarily, the
ring was delivered to B. On due date, the ring is found in the possession of A when it should be in the
possession of B. As a result, one of the following is not correct.
a. A's obligation to B is not extinguished
b. A's obligation to B is extinguished
c. The contract of pledge is extinguished
d. The contract of pledge is extinguished but not the principal obligation
7. The buyer has the right to the fruits of the thing from the time
a. The thing is delivered
b. The sale is perfected
c. The obligation to deliver the thing arises
d. The fruits are delivered
8. A is obliged to deliver his only car to B on November 26, 2022 If A does not deliver, and on November
26, 2022, a typhoon destroys the car, which is correct?
a. A is liable because he is in delay
b. A and B will divide the loss equally
c. A is not liable because the obligation is extinguished
d. A's obligation is converted into a monetary obligation
9. Novation which changes the object and parties of the obligation
a. Real
b. Personal
