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Article 1272 - 1275

The document discusses various articles related to obligations and contracts under Philippine civil law. It provides multiple choice questions and answers about presumptions of debt based on possession of documents, distinguishing between private and public documents, principal and accessory obligations, requirements for contracts of pledge and mortgage, and the concept of confusion of rights. Key points covered include that a presumption of debt exists if a private document is in the debtor's possession, interest is an accessory obligation in a loan, both principal and accessory obligations are extinguished if the principal is condoned, and confusion of rights or merger of rights occurs when the creditor and debtor are the same person.

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Mary Ann melendeZ
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335 views4 pages

Article 1272 - 1275

The document discusses various articles related to obligations and contracts under Philippine civil law. It provides multiple choice questions and answers about presumptions of debt based on possession of documents, distinguishing between private and public documents, principal and accessory obligations, requirements for contracts of pledge and mortgage, and the concept of confusion of rights. Key points covered include that a presumption of debt exists if a private document is in the debtor's possession, interest is an accessory obligation in a loan, both principal and accessory obligations are extinguished if the principal is condoned, and confusion of rights or merger of rights occurs when the creditor and debtor are the same person.

Uploaded by

Mary Ann melendeZ
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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ARTICLE 1272-1275

ARTICLE 1272
1. It is a presumption whenever a private document in which the debt is found in the
possession of the debtor.

a. Retroactive
b. Evidence
c. Prima Facie
d. Judicial

Answer: C. PRIMA FACIE

2. What kind of document is a promissory note which is not notarized?

a. Legal document
b. Public document
c. Private document
d. Illegal document

Answer: C. PRIVATE DOCUMENT

3. Alexa owes Roco 100,000 that is evidenced by a promissory note. The note is signed by
Alexa is given to Roco. Supposed that Alexa has not yet paid Roco and she has already
the promissory note, the presumption is:

a. The obligation has been remitted by Roco.


b. Roco should voluntarily delivered the note to Alexa
c. The debt must have been remitted by Alexa.
d. Alexa should have another promissory note.

Answer: A. THE OBLIGATION HAS BEEN REMITTED BY ROCO

ARTICLE 1273

4. It is an obligation that acts independently

a. Accessory obligation
b. Principal obligation
c. Pure obligation
d. Real obligation
Answer: B. PRINCIPAL OBLIGATION
5. Angel owes 500,000 from Graeziel that has 5% interest monthly. Subsequently, Graeziel
condoned the main obligation. In that situation, which obligation will be extinguished?
a. Both the principal obligation and accessory obligation
b. Principal obligation only
c. Accessory obligation only
d. Other obligation

Answer: A. BOTH PRINCIPAL OBLIGATION AND ACCESSORY OBLIGATION

6. In a contract of loan having an interest, what is the accessory obligation?

a. Contract of loan
b. Payment of debt
c. Interest
d. Waiver
Answer: C. INTEREST

ARTICLE 1274
7. The following are the requisites essential to the contract of pledge and mortgage except:

a. Should be constituted to secure fulfillment of principal obligation


b. Pledger or mortgager should be the absolute owner of the thing pledged or
mortgaged.
c. That the people constituting the pledge or mortgage have the free disposal of their
property.
d. Third persons who are parties to the principal obligation may secure the latter by
pledging the property.

Answer: D. Third persons who are parties to the principal obligation may secure the latter
by pledging the property.

8. In order to constitute the contract of pledge the thing must be placed in the possession
of except:

a. Creditor
b. Debtor
c. Third person
d. Obligee

Answer: B. DEBTOR

9. Which is an essential requisite in a contract of pledge in which the object will be usually
delivered to the possession of creditor or a third person?
a. Common agreement
b. Stipulated by law
c. Judicial order
d. Extrajudicial order

Answer: A. COMMON AGREEMENT

Article 1275
10. It is when the creditor and debtor merged in the same person.

a. Compensation
b. Condonation
c. Confusion of rights
d. Remission

Answer: C. CONFUSION OF RIGHTS

11. Which of the following is a requisite of merger of rights?

a. Creditor and debtor in the same person


b. The merger take place either the principal creditor or third person
c. The merger must be complete and definite
d. Both a and c

Answer: D. BOTH A AND C

12. “Complete and definite” in merger of rights means:

a. Extinguishment of obligation should be complete or total in character.


b. The debtor should deliver the thing completely
c. The terms and conditions in contract are complete
d. Meeting of all the qualities of the creditor and debtor in the obligation
Answer: D. Meeting of all the qualities of the creditor and debtor in the obligation

By: Khassandra Marie Dumaguin

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