OBLICON (MIDTERM EXAM) ACTUAL Questions and CORRECT Answers
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Course
OBLICON
Institution
OBLICON
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...
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.
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