1. In a contract, Andee promises to pay May $1,000,000 on September 28, 2015. The consideration by Andee is not stated i
Posted: Tue Jul 05, 2022 5:51 am
1. In a contract, Andee promises to pay May $1,000,000 onSeptember 28, 2015. The consideration by Andee is not stated in thecontract.a. The contract is valid if it is in writing.b. The contract is valid because the cause is always presumedc. The contract is valid because cause is not an essentialelement to a contract.d. The contract is void because the cause is not stated
2. Andre needs money and decides to paint Ben's house while sheis out of town and bill her for the work. Ben refuses to pay soAndre and she goes to court to collect from Ben. The court:a. Might apply quasi-contract doctrine if the painting were donewellb. Will apply quasi-contract doctrinec. Will apply the solution indebiti doctrined. Cannot apply quasi-contract doctrine
3. A promissory note signed by Albert is worded asfollows:"I promise to give Alex the sum of P500 per day starting June 2015,provided that if they win the championship, I will stop giving himthe said amount.'The above note gives rise to an obligation:a. Resolutory Conditionb. Resolutory periodc. Suspensive Conditiond. Suspensive period
4. Ken, Mandy and Blake were solidarily liable to Russ in theamount of P60,000 payable on October 17, 2017. On October 17, 2017,Ken and Mandy offered to pay, but Kim accepted Ken's offer and he(Ken) paid the whole amount to Russ.Which of the following is not correct?a. Mandy and Blake is liable to reimbursed Ken for P20,000each.b. Ken is now entitled to receive money from Mandy and Blake.c. The obligation to pay Russ is extinguished.d. Mandy and Blake is now solidarily liable to Ken for P40,000.
2. Andre needs money and decides to paint Ben's house while sheis out of town and bill her for the work. Ben refuses to pay soAndre and she goes to court to collect from Ben. The court:a. Might apply quasi-contract doctrine if the painting were donewellb. Will apply quasi-contract doctrinec. Will apply the solution indebiti doctrined. Cannot apply quasi-contract doctrine
3. A promissory note signed by Albert is worded asfollows:"I promise to give Alex the sum of P500 per day starting June 2015,provided that if they win the championship, I will stop giving himthe said amount.'The above note gives rise to an obligation:a. Resolutory Conditionb. Resolutory periodc. Suspensive Conditiond. Suspensive period
4. Ken, Mandy and Blake were solidarily liable to Russ in theamount of P60,000 payable on October 17, 2017. On October 17, 2017,Ken and Mandy offered to pay, but Kim accepted Ken's offer and he(Ken) paid the whole amount to Russ.Which of the following is not correct?a. Mandy and Blake is liable to reimbursed Ken for P20,000each.b. Ken is now entitled to receive money from Mandy and Blake.c. The obligation to pay Russ is extinguished.d. Mandy and Blake is now solidarily liable to Ken for P40,000.