1. Hank, Tom and Jerry were solidarily liable to Mark in the amount of P60,000 payable on January 23, 2020. On January 2
Posted: Tue Jul 05, 2022 5:51 am
1. Hank, Tom and Jerry were solidarily liable to Mark in theamount of P60,000 payable on January 23, 2020. On January 23, 2020,Hank and Tom offered to pay, but Mark accepted Hank's offer and he(Hank) paid the whole amount to Mark. Supposed Jerry cannotreimburse Hank because he was declared to be insolvent, which ofthe following is correct:a. Tom shall be liable to Hank for P20,000b. Tom shall be liable to Hank for P30,000c. Tom shall not be liable to Hank.d. Tom shall be liable to Hank for P40,000
2. Winter, Daphne and Marina were solidarily liable to Anthonyin the amount of P60,000 payable on March 5, 2016. Supposed Wintermade payment before March 5, 2016, which of the following iscorrect:a. No interest for the intervening period may be demanded byAnthony.b. Interest for the intervening period may be demanded byAnthony.c. Interest may be paid only by Winter when Daphne or Marina isinsolvent.d. Interest must be paid in either case.
3. Gus agreed with Cedrick not to construct a fence betweentheir housesa. This is valid but cannot be enforcedb. All of the foregoingc. This is a negative obligationd. This is not valid
4. Which of the following are not void or inexistentcontracts?a. Those where the intention of the parties regarding the principalobject of the contract cannot be ascertained.b. Those that do not comply with the Statute of Frauds.c. The object of the contract is outside the commerce of man.d. Those that are absolutely simulated or fictitious.
2. Winter, Daphne and Marina were solidarily liable to Anthonyin the amount of P60,000 payable on March 5, 2016. Supposed Wintermade payment before March 5, 2016, which of the following iscorrect:a. No interest for the intervening period may be demanded byAnthony.b. Interest for the intervening period may be demanded byAnthony.c. Interest may be paid only by Winter when Daphne or Marina isinsolvent.d. Interest must be paid in either case.
3. Gus agreed with Cedrick not to construct a fence betweentheir housesa. This is valid but cannot be enforcedb. All of the foregoingc. This is a negative obligationd. This is not valid
4. Which of the following are not void or inexistentcontracts?a. Those where the intention of the parties regarding the principalobject of the contract cannot be ascertained.b. Those that do not comply with the Statute of Frauds.c. The object of the contract is outside the commerce of man.d. Those that are absolutely simulated or fictitious.