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Contracts and Obligations

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  • 1. Multiple Choice
    20 seconds
    1 pt

    1.Delay will exist even without demand in the following cases (Art. 1169).

    EXCEPT:

    A. When the law so provides.

    B. When the obligation expressly so declares

    C. When time is of essence of the contract.

    D. When both debtors and creditors are in delay.

  • 2. Multiple Choice
    20 seconds
    1 pt

    2. It is a meeting of minds?

    A. Principles

    B. Obligation

    C. Contract

    D. Agreement

  • 3. Multiple Choice
    20 seconds
    1 pt

    3. It is the omission of that diligence which is required by the nature of the obligation and corresponds with the circumstances of the person ,time and place. (Art 1173)

    A. Fraud

    B. Delay

    C. Default

    D. Negligence

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