Oblicon by Operario
Understanding Obligation and Contracts
Test your knowledge on the essentials of obligation and contracts with our engaging quiz! Whether you're a student of law or just want to refresh your understanding, this quiz covers important concepts related to voidable and rescissible contracts.
- 11 thought-provoking questions
- Multiple-choice format
- Perfect for law enthusiasts
Who may ratify a voidable contract?
Incapacitated upon cessation of capacity
Guardian
Both
Only A
Ratification may be
Express
Tacit
Both
Noe
Ratification requires the consent of the
Capacitated
None
A debtor extends loan to a minor who has a guarantor. Who cannot allege the incapacity?
Debtor
Creditor
Guarantor
Both creditor and guarantor
Who may institute an action for annulment of contracts? Those responsible ____?
Principally
Subsidiarily
Both
None
Rescissible contracts are entered into by?
Ward
Guardian?
Either
Voidable contract are entered into by
Ward
Guardian
Heirs of Quirong vs DBP was rescinded due to
Art. 1556
Fraud of Creditors
Property under litigation
Right of First Refusal
Rosencor vs Inquing was not rescinded because
Property was not in fraud of creditors
There is no rescission if vendee is in good faith
Agreement was orally made
No evidence
Equatorial vs Mayfair was rescinded because
Economic Lesion
Property under litigation
Akin to Fraud of creditors
Art. 1556
Which is not obliged to return in a voidable contract?
The object of the contract
Fruit
Price
Interest
None of the above
{"name":"Oblicon by Operario", "url":"https://www.quiz-maker.com/QPREVIEW","txt":"Test your knowledge on the essentials of obligation and contracts with our engaging quiz! Whether you're a student of law or just want to refresh your understanding, this quiz covers important concepts related to voidable and rescissible contracts.11 thought-provoking questionsMultiple-choice formatPerfect for law enthusiasts","img":"https:/images/course3.png"}
More Quizzes
Chapter 7 pt2
9414
Indian Contract-Capacity of Parties
105291
Pompeii
210
Are you a NOBODY or a SOMEBODY
8432
What Animal Do I Look Like? Free to Find Your Spirit Twin
201020703
Which Nickelodeon Character Are You? - Free
201020037
Do They Like Me - Free, Instant Results Now
201021689
What Do I Want for My Birthday? - Gift Ideas
201018952
Which Sword Art Online Character Are You? Free
201019233
What Does My Name Mean? Free With Instant Results
201022230
What Is My God-Given Purpose? Free with Instant Results
201022091
Naughty: Are You Good, Neutral, or Naughty?
201021821