P2

Question 1

This obligation where there is only one debtor and only one creditor

Answer 1

Individual obligation

Question 2

Obligation where in there are two or more debtors and/or two or more creditors

Answer 2

Collective Obligation

Question 3

Types of collective obligation

Answer 3

Joint
Solidary

Question 4

Obligation where the whole obligation is to be paid or fulfilled proportionately by the different debtors and/or demanded proportionately by different creditors

Answer 4

Joint Obligation

Question 5

Obligation only pay your share and in favor in debtor

Answer 5

Joint Obligation

Question 6

Obligation where each one of the debtors is bound to render, and/or each one of the creditors has a right to demand from any of the debtors, entire compliance with the prestation

Answer 6

Solidary Obligation

Question 7

One debtor obliges to pay the entire obligation if the creditor demands it.

Answer 7

Solidary obligation

Question 8

Type of collective obligation wherein its in favor in creditor

Answer 8

Solidary Obligation

Question 9

What type of collective obligation if the contract didn’t disclose what type of obligation is the contract?

Answer 9

Joint Obli

Question 10

Mancomumada

Answer 10

Joint Lia

Question 11

Mancomumada

Answer 11

Joint Lia

Question 12

Mancomunadamente

Answer 12

Joint lia

Question 13

Proportionately

Answer 13

Joint lia

Question 14

Pro rata

Answer 14

Joint lia

Question 15

“we promise to pay” signed by 2 or more persons

Answer 15

Joint lia

Question 16

Jointly and/or severally

Answer 16

Solidary lia

Question 17

Solidaria

Answer 17

Solidary lia

Question 18

In solidum

Answer 18

Solidary lia

Question 19

Together and/or separately

Answer 19

Solidary lia

Question 20

Individually and/or collectively

Answer 20

Solidary lia

Question 21

Juntos o separadamente

Answer 21

Solidary lia

Question 22

“i promise to pay” signed by two or more person

Answer 22

Solidary lia

Question 23

One of the solidary creditors collected the debt. This a useful act because it will benefit the other creditors

Answer 23

Useful act

Question 24

One of the object which, in its delivery or performance, is capable of partial fulfillment

Answer 24

Divisible obli

Question 25

Can be delivered partial or whole

Answer 25

Divisible obli

Question 26

One of the object of which, in its delivery or performance, is not capable of partial fulfillment

Answer 26

Indivisible obli

Question 27

Kinds of division

Answer 27

Qualitative division Quantitative division Ideal or intellectual division

Question 28

Based on quality of things which are the object of obli

Answer 28

Qualitative division

Question 29

Based on quantity of things which are the object of obli

Answer 29

Quantitative division

Question 30

Division exist only in minds of the partners

Answer 30

Ideal or intellectual division

Question 31

Kinds if indivisibility

Answer 31

Legal Conventional Natural

Question 32

Law declares it is indivisible

Answer 32

Legal indivisible

Question 33

Where the will of the parties makes as indivisible

Answer 33

Conventional indivisible

Question 34

When the nature of the object or prestation does not admit of division

Answer 34

Natural indivisibility

Question 35

An accessory contract or undertaking attached to an obligation to assume greater liability is case of breach of principal contract

Answer 35

Penal clause

Question 36

An accessory contract or undertaking attached to an obligation to assume greater liability is case of breach of principal contract

Answer 36

Penal clause

Question 37

One which can stand by itself and does not depend for its validity and existence upon another obligation

Answer 37

Principal obligation

Question 38

Which is attached to a principal obligation and cannot stand alone

Answer 38

Accessory obligation

Question 39

Kinds of penal clause as to purpose

Answer 39

Compensatory Punitive

Question 40

When penalty takes the place of damages or money

Answer 40

Compensatory

Question 41

When penalty takes the place of damages or money

Answer 41

Compensatory

Question 42

The penalty is imposed merely as a punishment of breach

Answer 42

Punitive

Question 43

Person from whom the creditor must accept payment

Answer 43

Debtor Person who has interest in the obli 3rd person has no interest in obli but has agreement that makes the payment

Question 44

Where the 3rd person acquires not only the right to be reimbursed for what he has paid but also other rights which the creditor could have exercised pertaining to the credit

Answer 44

Subrogation

Question 45

3rd person may recover from the debtor only insofar as the payment has been beneficial to the debtor

Answer 45

Payment without knowledge or against the will of the debtor

Question 46

3rd person shall have the right of reimbursement and subrogation

Answer 46

Payment made with consent of the debtor

Question 47

Special forms of payment

Answer 47

Dation in payment Application of payment Payment by cession Tender of payment and consignation