Quiz 1

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BUSINESS LAW

QUIZ 1

1. Differentiate pure obligation from conditional obligation. (2 pts.)


2. What are the three (3) instances when an obligation becomes demandable at
once? (3 pts.)
3. What is a resolutory condition? Give an example. (2 pts.)
4. What is a suspensive condition? Give an example. (2 pts.)
5. Differentiate condition from period. (2 pts.)
6. Define potestative condition. Give an example. (2 pts.)
7. What is a casual condition? Given an example. (2 pts.)
8. Give an example of an impossible condition. (1 pt.)
9. What is a casual condition? Give an example. (2 pts.)
10. Differentiate legal impossibility from physical impossibility. (2 pts.)

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