CONTRACT & LIABILITIES Flashcards
(40 cards)
What article states that a contract must bind both contracting parties?
Article 1308
Which term does not belong to the group: autonomy, mutuality, relativity, consensuality, preparatory, subjectivity, obligatory?
BOTH A & B
What is a contract agreement where the purchaser pays for all labor and materials plus contractor overhead?
Unit Price Contract
Which classification of contracts does not belong to the group: Transfer of ownership, Conveyance of use, Rendition of services, Commutative work?
Commutative work
What is the term for when a third party may be held liable for the acts of another?
Personal Liability
Which section allows the Board to prosecute violators of R. A. No. 9297?
Section 58. Administrative Investigation
What are the minimum requirements for accreditation of repair and service firms?
Properly use research result, scientific terms, statistics or quotations
How many articles are under Title III, Chapter 1 of the Consumer Act in the Philippines?
13 articles
Which of the following is not a type of liability mentioned under quasi-delicts?
Criminal liability
Under Article 1723, within how many years can an engineer be held liable if a structure collapses?
15 years
What is defined as any substance that can cause injury, illness, or death through ingestion or inhalation?
Toxic substance
Which government agency sets standards and regulates drug use?
Department of Health
What is the consequence for a chemical engineer who falsifies safety inspection reports?
Suspension of license and possible criminal charges under the Revised Penal Code
Which law imposes penalties for engineers practicing without a valid PRC license?
RA 8981 (PRC Modernization Act)
Which agency is NOT a member of the National Consumer Council?
Department of Budget and Management
A consumer arbitration officer must have at least how many years of experience?
3 years
What is the range for the penalty of an Accessory?
Php5,000 to Php19,000
What is the penalty range for an Accessory?
2 years and 1 day to 4 years
What is Article 1723 of Republic Act No. 386 known as?
The Civil Code of the Philippines
Who introduced Article 1723 of Republic Act No. 386?
Senator Miriam Defensor Santiago
What is another name for a fixed-fee contract?
Lump Sum Contract
What article states that a contract is a meeting of minds between two persons whereby one binds himself, withrespect to the other, to give something or to render some service
Article 1305
Which articles discuss consent, object, and cause as requisites of a contract?
Article 1309-1317
What characteristic of a contract allows parties to establish stipulations as they deem convenient?
Autonomy or Freedom of Contracts