REVIEWER BL 11

1. Where the lender delivers to the borrower money or other consumable thing upon the
condition that the latter shall pay the same amount of the same kind and quality.
a. Mutuum
b. Deposit
c. Pledge
d. Commodatum

2. A stipulation whereby the thing pledged or mortgaged or under antichresis shall

automatically become the property of the creditor in the event of non-payment of the debt
within the term fixed is known as _______ which is forbidden by law and declared null and
void.
a. Pactum commissorium
b. Equitable mortgage
c. Precarium
d. Ordianary mutuum

3. ______ requires the delivery by the debtor of the property given as security to the creditor
a. Formal contract
b. Accessory contract
c. Pledge
d. Antichresis

4. When the deposit is gratuitous, it is a ________ contract because only the depositary
(depositorio) has an obligation
a. Unilateral
b. Principal
c. Bilateral
d. Secondary

5. Which of the following statements is not correct?

a. In case of extraordinary expenses, the debtor in mutuum will shoulder 50% if he is in
actual use of the thing borrowed.
b. An agreement to constitute a commodatum is binding and is perfected from the
moment there is a meeting of minds.
c. Precarium is a kind of commodatum where the bailor may demand the thing loaned at
will.
d. Fixed, savings, and current deposits of money in banks and similar institutions shall be
governed by the provisions concerning mutuum.