Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Exam (elaborations)

OBLICON (MIDTERM EXAM) ACTUAL Questions and CORRECT Answers

Rating
-
Sold
-
Pages
7
Grade
A+
Uploaded on
16-11-2024
Written in
2024/2025

OBLICON (MIDTERM EXAM) ACTUAL Questions and CORRECT Answers Pure Obligation - CORRECT ANSWER- Obligations that are not dependent on conditions and are immediately demandable. what type of obligation is this? - CORRECT ANSWER- Example: D owes C P10,000, and there is no condition or date; the obligation is immediately payable.

Show more Read less
Institution
OBLICON
Course
OBLICON

Content preview

OBLICON (MIDTERM EXAM) ACTUAL
Questions and CORRECT Answers
Pure Obligation - CORRECT ANSWER- ✔✔Obligations that are not dependent on
conditions and are immediately demandable.


what type of obligation is this? - CORRECT ANSWER- ✔✔Example: D owes C P10,000,
and there is no condition or date; the obligation is immediately payable.


Conditional Obligation - CORRECT ANSWER- ✔✔Obligations dependent on a specific
condition.


Suspensive Condition - CORRECT ANSWER- ✔✔The obligation arises only if the condition
occurs.


Example: Promise to pay if an exam is passed.


Resolutory Condition - CORRECT ANSWER- ✔✔The obligation ends when the condition
occurs.


Example: Monthly support stops when the beneficiary gets a job.


Obligation with a Term/Period - CORRECT ANSWER- ✔✔An obligation dependent on a
certain period or date


Suspensive Period - CORRECT ANSWER- ✔✔Obligation starts from a specific date.



Resolutory Period - CORRECT ANSWER- ✔✔Obligation ends on a specific date.



Joint Obligation - CORRECT ANSWER- ✔✔Each debtor/creditor is responsible only for
their share.

, Example: If A and B owe P10 million, A is liable only for his portion.


Solidary Obligation - CORRECT ANSWER- ✔✔Each debtor or creditor can be liable or
collect for the entire amount.


Example: A and B can each be liable for the entire debt of P10 million.


Active Solidarity

Passive Solidary - CORRECT ANSWER- ✔✔Types of Solidarity



Active Solidarity - CORRECT ANSWER- ✔✔Any creditor can collect the entire obligation.


Passive Solidarity - CORRECT ANSWER- ✔✔Any debtor can be held liable for the entire
debt.


Alternative Obligation - CORRECT ANSWER- ✔✔An obligation where multiple prestations
(acts or things to be delivered) are due, but the performance of just one is enough to satisfy
the obligation.


Example: D can give a specific ring, car, or watch to C.


Facultative Obligation - CORRECT ANSWER- ✔✔Only one prestation is due, but the debtor
may choose to perform a different one as a substitute.
Example: D is obliged to give a ring to C but may instead give a watch.


Divisible Obligation - CORRECT ANSWER- ✔✔Can be partially fulfilled without changing
the essence of the obligation.


Example: Paying P2,000 in four installments is divisible.


Indivisible Obligation - CORRECT ANSWER- ✔✔Cannot be partially fulfilled; it must be
completed all at once.

Written for

Institution
OBLICON
Course
OBLICON

Document information

Uploaded on
November 16, 2024
Number of pages
7
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers
$10.49
Get access to the full document:

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
MGRADES Stanford University
View profile
Follow You need to be logged in order to follow users or courses
Sold
1302
Member since
2 year
Number of followers
102
Documents
78314
Last sold
7 hours ago
MGRADES (Genius Brains)

Welcome to MGRADES Exams, practices and Study materials The work speaks for itself Me and my team will always make sure you get the best value from the exams markets. I offer the best study and exam materials for a wide range of courses and units. Make your study sessions more efficient and effective. Dive in and discover all you need to excel in your academic journey!

3.8

216 reviews

5
90
4
45
3
50
2
12
1
19

Trending documents

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions