Law Quiz: Obligations And Contracts Trivia Questions
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In this law quiz, we have some Obligations and Contracts Trivia Questions. When it comes to a written statement that one must sign or stamp there are a lot of things that can go wrong and someone needs to know the consequences of a contract that goes sour before signing it. Take this quiz and see how well you understand the law of contracts.
- 1.Contracts shall be obligatory in whatever form it may have been entered into provided all the essential _________ for their validity are present
- 2.The law on contracts is provided for in___ of the New Civil Code of the Philippines
- A.
R.A. 8534
- B.
R.A. 364
- C.
R.A. 386
- D.
R.A. 324
- 3.The basic principle that ignorance of the law shall excuse no one from compliance is embodied in __________
- A.
Article 3 of NCC
- B.
Article 1156
- C.
Article 5 of NCC
- D.
Article 1305
- 4.In _________, there is intent to evade the normal fulfillment of a pre-existing obligation
- 5.___________ consists in the omission of that diligence which is required by the nature of the obligation
- 6._________ on the part of the debtor begins from the time of judicial or extrajudicial demand by the creditor for fulfillment of obligation.
- 7.Another requisite of law is the existence of a/n
- A.
Exemption
- B.
Subject
- C.
Consent
- D.
Sanction/ Punishment
- 8._______ is a rule of conduct, just, obligatory and laid down by a legitimate power.
- 9.An obligation is not a mere necessity; it is one clothed with _________
- 10.Any contracting party who violates a valid contract may be sued to comply and may also be asked to pay _________ to the aggrieved party.
- 11.A contract is considered _____ when given through mistake, violence intimidation, undue influence or fraud
- A.
Void
- B.
Valid
- C.
Conditional
- D.
Compellable
- 12.Contracts entered into during a lucid interval are
- 13.________ is an unconscious ignorance or forgetfulness of the existence or non-existence of a fact, past pr present, material to the contract
- A.
Neglect
- B.
Incompetence
- C.
Fraud
- D.
Mistake
- 14.There is _____ when in order to wrest consent, serious or irresistible force is employed
- A.
Threat
- B.
Violence
- C.
Fraud
- D.
Intimidation
- 15._________ is failure to disclose facts,when there is duty to reveal them, as when the parties are bound by confidential relations.
- A.
Fraud
- B.
Neglect
- C.
Mistake
- D.
Incompetence
- 16.There is ________ when one of the contracting parties is compelled by a reasonable and well-grounded fear of an imminent and grave evil upon his person or property, or upon the person or property of his spouse, descendants or ascendants, to give his consent
- A.
Threat
- B.
Intimidation
- C.
Violence
- D.
Mistake
- 17.The meeting of minds between two persons whereby one binds himself, with respect to the other something or to render some service is defined under ___________
- A.
NCC Article 1308
- B.
NCC Article 1305
- C.
NCC Article 1307
- D.
NCC Article 3
- 18._______ is the agreement of the will of one contracting party with that of another or others, upon the object and terms of the contract
- A.
Consent
- B.
Contract
- C.
Approval
- D.
Offer
- 19.An offer made through _________ is accepted from the time acceptance is communicated to him
- A.
Verbal agreement
- B.
A contract
- C.
An agent
- D.
A lucid interval
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