1. In case of non-performance on due date, demand by the creditor shall not be necessary in order that delay may exists
Posted: Tue Jul 05, 2022 5:51 am
1. In case of non-performance on due date, demand by the creditor shall not be necessary in order that delay may exists in the following instance:a. When from the nature of the circumstances of the obligation it appears that he designation of the time when the thing to be delivered was a controlling motive for the establishment ofthe contract.b. When the obligation consists in not doing c. When the law expressly so declaresd. When the obligee has rendered it beyond his power to perform
2. On June 30, 2014, Anne signs a promissory note and herself to pay James P100,000 plus 15% interest per annum on June 30, 2014.a. Before June 30, 2014, James can demand payment.b. If on June 30, 2014 Anne is paying, James cannot refuse the payment.c. Because the period if for the benefit of the creditor, James can refuse any tendered payment.d. Because the period is for the benefit of the debtor. Anne can compel the creditor James to accept payment any date before June 30, 2014
3. Tati owes Feli P10,000 payable on May 6, 2020, while Feli owes Tati P10,000 payable on May 11, 2020. In here, Feli can set up compensationon December 25, 2021 and this is called:a. Judicial compensationb. Partial compensationc. Legal compensationd. Conventional or Voluntary Compensation
4. El obliged herself to give a specific car to Min on December 25, 2021, stipulating that El is liable even if the thing is lost due to a fortuitous event, and withoutthe need of a demand.On the due date, the car got lost due to a fortuitous event.Which of the following is correct?a. Obligation remains to subsist. but converted into monetary consideration.b. Min can require another person to deliver a car expenses chargeable to Elc. Min can compel El to deliver another car.d. Obligation is totally extinguished.
2. On June 30, 2014, Anne signs a promissory note and herself to pay James P100,000 plus 15% interest per annum on June 30, 2014.a. Before June 30, 2014, James can demand payment.b. If on June 30, 2014 Anne is paying, James cannot refuse the payment.c. Because the period if for the benefit of the creditor, James can refuse any tendered payment.d. Because the period is for the benefit of the debtor. Anne can compel the creditor James to accept payment any date before June 30, 2014
3. Tati owes Feli P10,000 payable on May 6, 2020, while Feli owes Tati P10,000 payable on May 11, 2020. In here, Feli can set up compensationon December 25, 2021 and this is called:a. Judicial compensationb. Partial compensationc. Legal compensationd. Conventional or Voluntary Compensation
4. El obliged herself to give a specific car to Min on December 25, 2021, stipulating that El is liable even if the thing is lost due to a fortuitous event, and withoutthe need of a demand.On the due date, the car got lost due to a fortuitous event.Which of the following is correct?a. Obligation remains to subsist. but converted into monetary consideration.b. Min can require another person to deliver a car expenses chargeable to Elc. Min can compel El to deliver another car.d. Obligation is totally extinguished.