21. A juridical relation known as negotiorum gestio takes place Group of answer choices A. Answer…

21. A juridical relation known as negotiorum

gestio takes place

Group of answer choices

A. Answer not given

B. When a person voluntarily takes charge of

another’s abandoned business or

property with the owner’s consent.

C. When a person is appointed by a court to

take the property or business of another.

D. When something is received and there is

no right to demand it and it was delivered

through mistake

Question 22

What is the form of contract of pledge to bind

or to affect third persons?

Group of answer choices

a) It must be registered in the chattel

mortgage registry.

b) It must be in a public instrument showing

a description of the thing pledged and the

date of the pledge.

c) It must be recorded in the Intellectual

Property Office.

d) It must be registered in the registry of


Question 23

In contract of donation of a personal property

worth P5,000, which of the following is least

likely the requisite?

Group of answer choices

a. There must be delivery

b. All of the choices are requisites

c. Donee should consent

d. Must be in public instrument

Question 24

G was appointed as the guardian of M who

owns a parcel of land valued at P1M. G sold

the land only for P0.75M to B. What is the

status of the contract?

Group of answer choices

a) Rescissible

b) Answer not given

c) Voidable

d) valid

e) Unenforceable

Question 25

Which of the following is not a function of the

Anti-Red Tape Authority?

Group of answer choices

A. Review proposed major regulations of

government agencies, upon submitted

regulatory impact assessments

B. Monitor compliance of agencies and issue

notices to erring and non-compliant

government employees and officials

C. Implement and oversee national policy on

anti-red tape and ease of doing business

and implement reforms to improve

competitiveness ranking

D. Initiate investigation motu propio only or

file cases for violations

Question 26

What is the nature of a contract of pledge, of

chattel mortgage, of real estate mortgage or of


Group of answer choices

a) It is divisible whether the principal

contract is joint or solidary.

b) It is indivisible if the principal contract is


c) If is divisible if the principal contract is


d) It is indivisible whether the principal

contract is joint or solidary

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