Business Law

General Provision
1. A civil action is one by which a party sues another for the enforcement or
protection of a right, or the prevention or redress of a wrong.
Answer: True
2. There is negotiorum gestio when the property or business is not neglected or
abandoned.
Answer: False
3. An obligation “to give” is a prestation which consists in the delivery of a movable
or an immovable thing.
Answer: True
4. There is negotiorum gestio when the manager has been tacitly authorized by the
owner.
Answer: False
5. An obligation “to do” includes all kinds of work or service.
Answer: True
6. For every right enjoyed by any person, there is a corresponding obligation on the
part of another person to respect such right.
Answer: True
7. Diligence is the failure to observe that degree of care, precaution and vigilance
that the circumstances justly demand.
Answer: False
8. A right is power, privilege, or immunity guaranteed under a constitution, statue
or decisional law, or recognized as a result of long usage, constitutive of a legally
enforceable claim of one person against the other.
Answer: True
9. Obligations arising from contracts have the force of law between the contracting
parties and should be complied with in good faith.
Answer: True
10.A defendant is the party who brings a civil suit in a court of law. He is the person
who files the complaint in court.
Answer: False
Multiple Choice Questions (10 Points)
1. It is a rule of conduct, just, obligatory, promulgated by legitimate authority, and
of common observance and benefit.
a. Law
b. Obligation
c. Contract
d. Memorandum of Agreement
Answer: A. Law
2. I. Obligation to do is also known as negative personal obligation.
II. Obligation is not to do is otherwise known as positive personal obligation.
a. Only I is true
b. Only II is true
c. Both are true
d. Both are false
Answer: D. Both are false
3. The following are the essential elements of an obligation, except:
a. Debtor
b. Creditor
c. Presentation
d. Juridical tie
Answer: C. Presentation
4. The following are the sources of an obligation, except:
a. Contract
b. Law
c. Prestation
d. Quasi-delict
Answer: C. Prestation
5. It is a meeting of minds between two persons whereby one binds himself, with
respect to the other, to give something or to render some service.
a. Quasi-Contract
b. Contract
c. Law
d. Quasi-delict
Answer: B. Contract
6. Certain lawful, voluntary and unilateral acts to the end that no one shall be
unjustly enriched or benefited at the expense of another.
a. Contract
b. Quasi-contract
c. Law
d. Quasi-delict
Answer: B. Quasi-contract
7. Whoever voluntarily takes charge of the agency or management of the business

or property of another, without any power from the latter, is obliged to continue
the same until the termination of the affair and its incidents, or to require the
person concerned to substitute him, if the owner is in a position to do so.
a. Quasi-Contract
b. Quasi-delict
c. Negotiorum Gestio
d. Solutio indebiti
Answer: A. Quasi-Contract
8. If something is received when there is no right to demand it, and it was unduly
delivered through mistake, the obligation to return it arises.
a. Quasi-contract
b. Quasi-delict
d. Solutio indebiti
Answer: D. Solutio indebiti
9. Whoever by act or omission causes damage to another, there being fault or
negligence, is obliged to pay for the damage done. There is no pre-existing
contractual relation between parties.
a. Quasi-delict
b. Quasi-contract
d. Solution indebiti
Answer: A. Quasi-delict
10.X by mistake delivered to A and B a sum of money which should have been
delivered to C and D. X is now demanding the return of the same from A and B.
The liability of the latter for the sum of money to which they are entitled shall
be:
a. A and B shall be liable jointly
b. A and B shall be liable solidarily
c. X has no right to recover as he was negligent in the delivery of the money
d. They are not liable for having received the money in good faith
Answer: B. A and B shall be liable solidarily

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General Provision

7. Whoever voluntarily takes charge of the agency or management of the business

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