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University of Cebu-Banilad Campus

Banilad, Cebu City


College of Business Administration
Quiz No. 1 in Law 1
Prepared by: Atty. Judiel M. Pareja

Name: _______________________________
Course and Year: ______________________

Date: ________________
Score: _______________

Instruction: Read the following questions and write your answers in the blanks provided clearly and
legibly.
1. Discuss the four elements of obligation using the situation below.
X borrowed money from Y. X executed a promissory note undertaking to pay the said loan upon
demand.
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2. What is the basis of the liability of a school when a student is stabbed inside the campus by a
stranger in the school premises? Explain.
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3. What is the degree of diligence required of a person in the performance of an obligation? Is there any
exception?
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4. What are the remedies of an aggrieved party in case one of the parties fails to comply with his or her
obligation?
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5. A borrowed money from B. He executed a promissory note undertaking to pay the said loan on or
before July 1, 2013. If he failed to pay his obligation, can he be considered in default in the payment
of his obligation? Why?
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6. As a rule, before delay may be incurred, there must be a demand. What are the exceptions to the
rule?
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7. When may a party to a contract be exempt from compliance with its obligations due to force majeure
or fortuitous event?
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8. Mr. X was issued a first-class ticket by PAL as the latter represented that there were available firstclass accommodation when he bought his ticket. When he boarded the plane, he was asked to go to
the tourist accommodation. He sued PAL for damages. Is the carrier liable? Why?
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9. In one transaction involving a telegraph company, libellous matters were included by an employee in
a message without the consent of the sender, causing humiliation to another. Is the telegraph
company liable for damages? Why?
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10. A jeepney carrying passengers turned turtle because one of its tires blew out. One of the passengers
died; hence, the heirs filed a suit for damages. The owner of the jeep filed an answer contending that
the cause of the accident was fortuitous event. Decide.
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