Obligations and Contracts Quiz

Obligations and Contracts Quiz

12th Grade

133 Qs

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Obligations and Contracts Quiz

Obligations and Contracts Quiz

Assessment

Quiz

Other

12th Grade

Easy

Created by

re _

Used 2+ times

FREE Resource

133 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of obligation according to Article 1156?

C. A moral duty

B. A juridical necessity to give, to do, or not to do

A. A voluntary act of performance

D. A contractual agreement

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the difference between a specific and a generic thing in an obligation to give?

B. Specific things are designated by class, while generic things are physically segregated

C. Specific things are already particularly segregated, while generic things are designated only by their class

D. Specific things are tangible, while generic things are intangible

A. Specific things are unique, while generic things are common

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the duty of the debtor in an obligation to give a determinate thing?

A. To deliver the thing and nothing else

D. To deliver the thing and its fruits

B. To deliver the thing and its accessions and accessories

C. To take care of the thing with the diligence of a good father of a family

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the requisites for delay or default by the debtor in an obligation?

A. Failure to perform the obligation on time, demand by the creditor, and failure to comply with the demand

D. Failure to perform the obligation on time, demand by the creditor, and fraud by the debtor

B. Failure to perform the obligation on time, demand by the creditor, and performance by a party in reciprocal obligations

C. Failure to perform the obligation on time, demand by the creditor, and negligence or fault by the debtor

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the difference between simple and gross negligence?

A. Simple negligence is intentional, while gross negligence is unintentional

C. Simple negligence is any act or omission, while gross negligence is total lack of care

B. Simple negligence is a voluntary act, while gross negligence is an omission

D. Simple negligence is common, while gross negligence is uncommon

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens when Elijah receives the principal from the creditor without reservation with respect to the interest?

C. The interest is presumed to be waived

A. The interest is presumed to have been paid

B. The interest is presumed to be unpaid

D. The interest is presumed to be deferred

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the remedies available to creditors for the satisfaction of their claims?

D. Pursuit of leviable property, waiver of the obligation, and impugning acts of the debtor

C. Pursuit of leviable property, impugning acts of the debtor, and waiver of the obligation

B. Specific performance, pursuit of exempt property, and impugning acts of the debtor

A. Specific performance, pursuit of leviable property, and impugning acts of the debtor

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