1. S sold his only car for P100,000.00 to B. Unknown to S, B bought the car
from him so that he could use the same in a bank robbery. What is the
status of the sale of the car by S to B? the sale is valid because the illegality of
the motive of the parties to the contract does not have any effect on its validity
2. Fraud exists in three of the following. Which is the exception? when the
misrepresentation refers to the usual exaggerations in trade, and the other party
had an opportunity to know the facts
3. “A” bachelor lawyer, raped W twice. Upon learning this, “F” the father of
W, was able to force A to marry W under pain of being sued in court and
disbarred from the practice of his law profession. Which statement is
correct? there was no defect, the marriage was perfectly valid
4. Mr. S offered to sell his land to Mr. C for P100,000. Mr. C accepted the
offer and paid Mr. S P100,000 and Mr. S delivered the owner’s duplicate
of the Transfer Certificate of Title of the land. Mr. C wishes to register the
land in his name but the Register of Deeds asked Mr. C for the Deed of
Sale. What can Mr. C do? (Phil CPA 88-2) Mr. C may compel Mr. S to
execute the Deed of Sale because the contract is valid.
5. Three of the following may be valid objects of a contract, except mpossible
things or services
6. D asked C if the latter can grant him his washing machine with a fair
value of P50,000.00 for a term of one year and return the same. C
nodded his head. The contract of commodatum is in the stage of
preparation
7. The contract must bind both contracting parties; its validity or compliance
cannot be left to the will of one of them. This is known as the principle
ofmutuality of contrac
8. The stages of a contract according to the order of their occurrence are
conception, perfection and termination
9. Contracts take effect only between the parties or their assigns and heirs,
except where the rights and obligations arising from the contract are not
transmissible by their nature, by stipulation, or by provision of law. In the
latter case, the assigns or the heirs are not bound by the contracts. This
is known as the principle of relativity of contracts
10. In a written contract the true intention of the parties was not reflected
therein through the fraud committed b y one of them, which fraud
prevented a meeting of the minds. The applicable remedy would be
annulment of the contract
11. This is not always an essential element of a contract form
12. Which of these constitutes fraud an expression of opinion which did not turn
out to be true if made by an expert and the other party relied on it;
13. As a security for a loan, S mortgaged his house and lot to B. Both parties
intended to enter a mortgage contract but the instrument as written states
that the house and lot is sold by S to B with right of repurchase. In this
case, the proper remedy is reformation;
14. The following are all factors vitiating consent, except negligence
15. A solemn or formal contract has the following essential elements consent
of the contracting parties, object certain, cause or consideration and formalities
required by law
16. This element exists only when they are expressly provided by the parties
accidental elements;
17. This is a real contract all of them
