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block

A contract that does not have any special name under the law is known as:

Select the correct answer(s).  

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nominate contract

special contract

nominal contract

innominate contract

none

A contract that can stand by itself is known as:

Select the correct answer(s).  

(0/0)

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principal contract

gratuitous contract

commutative contract

accessory contract

none

A meeting of minds between two persons whereby one binds himself with respect to the other to give something or to render services is known as:

Select the correct answer(s).  

(0/0)

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consent

obligation

stipulation

contract

none

A solemn or formal contract has the following essential elements:

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(0/0)

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consent of the contracting parties, object certain, cause or consideration and formalities required by law

consent of the contracting parties, object certain and cause or consideration

consent of the contracting parties, object certain, cause or consideration and delivery of the object

consent of the contracting parties, object certain, delivery of the object and formalities required by law

none

The elements of the contract without which a contract would not exist are known as:

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(0/0)

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essential elements

special elements

accidental elements

natural elements

none

A real contract has the following essential elements:

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(0/0)

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consent of the contracting parties, object certain, cause or consideration and delivery of the object

consent of the contracting parties, object certain, cause or consideration and formalities required by law

consent of the contracting parties, object certain, delivery of the object and formalities required by law

consent of the contracting parties, object certain and cause or consideration

none

A consensual contract has the following essential elements:

Select the correct answer(s).  

(0/0)

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consent of the contracting parties, object certain, cause or consideration and formalities required by law

consent of the contracting parties, object certain, cause or consideratio and delivery of the object

consent of the contracting parties, object certain, delivery of the object and formalities required by law

consent of the contracting parties, object certain and cause or consideration

none

One of the following is a natural element of a sales contract.

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place of delivery

rate of interest

warranty against eviction

terms of payment

none

Elements that accompany certain contracts unless set aside as suppressed by the parties are known as:

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(0/0)

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accidental elements

essential elements

natural elements

original elements

none

The stages of a contract according to the order of their occurrence are:

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(0/0)

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birth, conception and consummation

conception, consummation and birth

conception, birth and consummation

consummation, conception and birth

none

The warranty against hidden defects in a contract of sale is an example of:

Select the correct answer(s).  

(0/0)

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original elements

accidental elements

stipulated elements

natural elements

none

A contract where both parties are required to do or give something is known as:

Select the correct answer(s).  

(0/0)

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bilateral contract

unilateral contract

gratuitous contract

commutative contract

none

The contracting parties may establish such stipulations, clauses, terms and condition as they may deem convenient provided they are not contrary to law, morals, good customs, public order or public policy. This is known as the principle of:

Select the correct answer(s).  

(0/0)

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liberty of contract

mutuality of contract

obligatory force of contract

relativity of contract

none

A contract where the parties contemplate a real fulfillment, hence, equivalent values are given is known as:

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(0/0)

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commutative contract

onerous contract

aleatory contract

gratuitous contract

none

They refer to particular stipulations of the parties in a contract.

Select the correct answer(s).  

(0/0)

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inherent elements

accidental elements

natural elements

essential elements