alternative obligation from reciprocal obligation

Select one: In Under payment by Cession, the debtor may cede or assign his property to his creditors in b. It is a type of agreement that bears upon or binds two parties in an equal manner. School Harvard University; Course Title LAW 130B; Uploaded By AmbassadorSwan1671. This cookie is set by GDPR Cookie Consent plugin. 7 When does an obligation with a resolutory period take effect? b. It is also taking more interest for the 31913-A and TCT No. b. Select one: Terms in this set (283) What is an obligation. b. Legal True In the case at bar, the stipulation in the Deed of Absolute Sale was that the Corporation shall pay in full the P2,200,000.00 down payment upon execution of the contract. _______________________. As agreed upon in paragraph 4 of the Deed of Absolute Sale, Exhibit D, under terms and conditions, "All expenses for the registration of this document (the deed of sale) with the Register of Deeds concerned, including the transfer tax, shall be divided equally between [Cortes and the Corporation]. The power to rescind obligations is implied in reciprocal ones, in case one of the obligors should not comply with what is incumbent upon him. egg pod instructions; taotao 150cc scooter performance parts See records, p. 11. a. Art. All expense for the registration of this document with the Register of Deeds concerned, including the transfer tax, shall be divided equally between the Vendor and the Vendee. 2 chose the lost object. However, due to the Corporation's failure to pay in full the sum of P2,200,000.00, he in turn failed to fully pay the disturbance fee of the lessee who now refused to pay monthly rentals. d. Not to do what should not be done. Milton Friedman (/ f r i d m n / (); July 31, 1912 - November 16, 2006) was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. All of the abov. Select one: Resolutory Condition Law and Legal Definition. It also entitles the parties to be resorted to their original positions. Penal clause A resolutory condition (condition subsequent) extinguishes the obligation upon its fulfillment. Express stipulation 2 What is Resolutory condition about obligation and contract? b. Accion Subrogatoria Past event a. prestations or when the debtor shall lose the right of choice, when among the prestations whereby a. Cashed An obligation is a juridical necessity to give, to do or not to do. Traffic violation 15 In a reciprocal obligation the remedy of the injured party is A Alternative C. 15 in a reciprocal obligation the remedy of the. The cookies is used to store the user consent for the cookies in the category "Necessary". the third person, even without claim was made by the third person. La. complied with good faith. Since Cortes did not perform his obligation to have the Deed notarized and to surrender the same together with the TCTs, the trial court erred in concluding that he performed his part in the contract of sale and that it is the Corporation alone that was remiss in the performance of its obligation. As stated in the decision sought to be reconsidered, [Cortes'] counsel at the pre-trial of this case, proposed that if [the Corporation] completes the down payment agreed upon and make arrangement for the payment of the balances of the purchase price, [Cortes] would sign the Deed of Sale and turn over the certificate of title to the [Corporation]. Want to read all 8 pages. Can banks make loans out of their required reserves? IV, 1985 edition, p. 175. ARTICLE 1199. d. Obligation, An employer may be civilly liable for the quasi delict or crime of his employee. 21 Vitug, Compendium of Civil Law and Jurisprudence, 1993 edition, p. 482. d. Action for rescission, Under kinds of prestation on obligation not to do, the following are the duties of the obligor except: 6 d. Efficient cause, Crime/s without civil liability are the following except; c. Alternative a. Solidary The motion was, however, denied by the trial court holding that the rescission should stand because the Corporation did not act on the offer of Cortes' counsel to deliver the TCTs upon payment of the balance of the down payment. Under Article 1169 of the Civil Code, from the moment one of the parties fulfills his obligation, delay by the other begins. a. Natural c. Active Subject clearly established or by thevery least, clearly inferable. b. c. Complied with 1. 1199. Report an issue . 14 "1. D is indebted to C for P10,000. 1. False, ___________________ determines the existence of an obligation. None of the choices c. Active False Damages LAW ON OBLIGATIONS & CONTRACT CREATED BY CHAD LEGIT ALL IN Under Quasi contracts, when funeral expenses are borne by the third person, without the knowledge of the relatives who are obliged to give support to the deceased, said relatives must reimburse to the third person, even without claim was made by the third person. 16 TSN, March 11, 1988, records, 321-324. c. Diligence of Employers WHEREFORE, the petition is DENIED and the June 13, 1996 Decision of the Court of Appeals in CA-G.R. Hence, the phrase "execution of this instrument" 14 as appearing in the Deed of Absolute Sale, and which event would give rise to the Corporation's obligation to pay in full the amount of P2,200,000.00, can not be construed as referring solely to the signing of the deed. The instant petition for review seeks the reversal of the June 13, 1996 Decision1 of the Court of Appeals in CA-G.R. WHEREFORE, in view of the foregoing considerations, the Motion for Reconsideration is hereby DENIED. 1179. . True event unknown to the parties, is demandable at once. Petitioner filed a motion for reconsideration but was denied on August 30, 1996; rollo, p. 53. 1191. Payment of the capital gains shall be exclusively for the account of the Vendor; 5% commission of Marcosa Sanchez to be deducted upon signing of sale." Form in which obligation is manifested Considering that their obligation was reciprocal, performance thereof must be simultaneous. [.] As such, therefore, documentary and parol evidence may be submitted and admitted to prove such intention.10. Select one: And, having failed to pay in full the amount of P2,200,000.00 despite Cortes' delivery of the Deed of Absolute Sale and the TCTs, rescission of the contract is proper. b. Passive Subject None of the choices Blogspot.COM] MATH IN Mordern World ALL Prelim, Law on obligations and contracts (BAMM-6201-2013T). a. a. provided by law E. QUASI-DELICTS Article 1156, Civil Code. The corporation has a total asset of P90. Q How do you know that it was delivered to the plaintiff by the son of the broker? Said Deed was retained by Cortes for notarization. b. Course Hero member to access this document, Technological Institute of the Philippines, KINDS OF OBLIGATIONS AND EXTINGUISHMENT OF OBLIGATION QUIZ-KEY.pdf, Polytechnic University of the Philippines, Technological Institute of the Philippines BSA 10, University of Cebu - Banilad Campus LAW 121, Polytechnic University of the Philippines LAW 321, Saint Francis of Assisi College System , Las Pias City, Southwestern University, Cebu City LAW 1, Saint Francis of Assisi College System , Las Pias City ACCOUNTING MBM 301, Incorrect Question 12 0 25 pts The test for homogeneity of independent variances, The BP program is an upward appraisal which is the best known form but the most, 7 per kg as part of your cost calculations for filling the order If however this, 2 Discuss the circumstances under which a plea may be changed from guilty to not, D Explanation A B C D E 4 Which of the following best describes the what the, Which assessment question asked by the nurse demonstrates an understanding of, Answer c Manipulated variable is referred to as the steam supply Which of the, Western Mindanao State University - Zamboanga City, Informed consent when subjects are given information about an experiment after, The power output from an hydroelectric power plant depends on a type of dam type, Practice your meditation at the same time every day The classical position for, A manufacturing company has a beginning finished goods inventory of 16500 raw, 78 Answer C cefamandole Explanation Cefamandole is a second generation, with money My favorite Vietnamese restaurant that I went to at least once a, Guidelines Be sure to Identify a central idea in the text Analyze how the, Samar Island University (formerly Samar College, Samar Junior College), At the end of 2018, Furry Balls Co. Had the following account balances after factory overhead had been closed to manufacturing overhead control: Manufacturing overhead control, P20,000 cr. The decision appealed from is hereby REVERSED and SET ASIDE and a new judgment rendered ordering [Cortes] to execute a deed of absolute sale conveying to [the Corporation] the parcels of land subject of and described in the deed of absolute sale, Exhibit D. Simultaneously with the execution of the deed of absolute sale and the delivery of the corresponding owner's duplicate copies of TCT Nos. Select one: a. What further confirmed the agreement to deliver the TCTs is the testimony of Cortes that the title of the lots will be transferred in the name of the Corporation upon full payment of the P2,200,000.00 down payment. Select one: Select one: See answer (1) Copy An alternative obligation is one where out of the two or more prestations which may be given, only one is due. D reciprocal attachment deals with feedback behavior. b. Select one: A That is the receipt of the real estate broker when she received the titles. The STANDS4 Network . F fakelore. a. Civil action for recovery of civil liability arising from the offense is impliedly instituted with the b. 1. The Court of Appeals found that Cortes never surrendered said documents to the Corporation. My ship arrives in one month, my contract with you is revoked. 5 What is Resolutory condition Philippines? c. Punitive b. Sometime in September 1983, the parties executed a deed of absolute sale containing the following terms:3. A pure obligation is one the performance of which "does not depend upon a future or uncertain event, or upon a past event unknown to the parties", and thus it. School Oklahoma State University, Oklahoma City; Course Title NURSING C104; Uploaded By AgentOtter10901. Breach contemplated performance of one is conditioned on the simultaneous 2. If the obligation may be immediately enforced but will come to an end when the uncertain event occurs, the condition is resolutory. Select one: Select one: a. b. In a reciprocal obligation, the remedy of the injured party is : In case both parties have committed a breach of the obligation : A period cannot prevent the fulfillment of an obligation. Developing Practices Concerning General Obligation School Bonds and Capital Outlay Financing. Example: Benjie will give Angel this car or this ring or this. In case of non-compliance, there will be legal sanctions. Select one: True, As a general rule, partial payment is not allowed, creditor cannot be compelled to receive partial Moreover, the Corporation could not be faulted for not automatically heeding to the offer of Cortes. The debtor is liable reduced to fraud incidental in the and independent even if the loss is due and gross performance of an to fortuitous events negligence obligation 3. 33-51. use of money, goods or chattels or credits than the law allows. 1. Select one: Q It is in the hands of the broker but there is no showing that it is in the hands of the plaintiff? Currency shall be payable within ONE (1) YEAR from date of execution of this instrument, payment of which shall be secured by an irrevocable standby letter of credit to be issued by any reputable local banking institution acceptable to the Vendor. When does an obligation with a resolutory period take effect? Select one: Tags: Topics: Question 35 . Indivisibility is established by the common agreement of the parties, by the nature of the object of the obligation and by law. The creditor cannot be compelled to receive part of one and part of the other undertaking. Thus . b. or other mercantile documents shall produce effect of payment only when they are Select one: a. This mutual delay of the parties cancels out the effects of default,21 such that it is as if no one is guilty of delay.22. b. c. None of the choices How do you I stop my TV from turning off at a time dish? - Alternative Obligations Art. a. Sureties The obligation will be treated as a pure obligation c. The resolutory condition is deemed not written d. The condition may be disregarded since . In this case, a. b. Section 4: Joint and Solidary Obligations. He thus prayed that the Corporation be ordered to pay the outstanding balance plus interest and in the alternative, to cancel the sale and forfeit the P1,213,000.00 partial down payment, with damages in either case. What is the legal definition of a resolutory condition? Study with Quizlet and memorize flashcards containing terms like X promised to deliver his car to Y if the latter would draw a square that is at the same time a circle. Select one: <p>alternative obligation</p> answer explanation . b. Breach by One Party (1191) performance must terminate The power to rescind obligations is implied in reciprocal ones, in (2) According to source: case one of the obligors should not comply with . APOL Company provided the following information related to the ending inventory of its Product X: Historical Cost - P6,800; Replacement cost - P7,000; Selling Price - P10,000; Cost to sell -, Bentson Corporation, a wholesaler, provided the following information Customers pay 60% of their balances in the month of sale, 30% in the month following sale, and 10% in the second month following, 1. Q On top of the printed name is Manny Sanchez, there is a signature, do you know who is that Manny Sanchez? Q May we know the full name of the real estate broker? c. Creditor cannot claim for damages because it's the debtor's call. a. Having established the true agreement of the parties, the Court must now determine whether Cortes delivered the TCTs and the original Deed to the Corporation. Usually, when an obligation is alternative, the choice of the item of performance belongs to the obligor unless it has been expressly or impliedly granted to the oblige. b. Select one: Both Parties shall execute this Agreement in good faith according to its terms and acknowledged business practices, such obligation shall extend to include all activities provided as part of the requirements under generally accepted business practices and prevailing regulations and laws in the Territory. It found that the parties agreed that the Corporation will fully pay the balance of the down payment upon Cortes' delivery of the three TCTs to the Corporation. To the extent covered by applicable insurance, each party waives subrogation. Liability for fault for others In reciprocal obligations, there is delay: a. Select one: c. Period is not the controlling motive c. None of the choices, If the obligation consist in the payment of a sum of money and the debtors incurs delay, the Active Subject c. 4 The obligation is demandable at once, without prejudice to the effects of the happening of the event. The decretal portion thereof, provides: WHEREFORE, premises considered, [the Corporation's] appeal is GRANTED. Pure and Conditional Obligations Obligations with a Period Alternative Obligations Joint and Solidary Obligations Divisible and Indivisible Obligations Obligations with a Penal Clause Kinds of Obligations 3. The reciprocal obligations theory we propose does not in any way impinge on the woman's unfettered pre-viability right to choose whether to take the fetus to term and the post-viability right to terminate the pregnancy to preserve the mother's life or health. c. Insolvency of the debtor. Since Cortes did not perform his part, the provision of the contract requiring the Corporation to pay in full the down payment never acquired obligatory force. 19 TSN, October 27, 1989, records, pp. True, The following are exceptions of demand except: Elements: a) Not subject to a condition b) Not subject to a term Characterized by the quality of immediate demandability, but there must be a reasonable period of grace. 1809. d. Fulfillment, ___________________ is a kind of indivisible obligation even the object or service may be divisible,

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alternative obligation from reciprocal obligation

alternative obligation from reciprocal obligation