Question 1 If one party was mistaken and the other acted fraudulently or inequitably in such a way that the instrument does not show
Not yet their true intention, the former may ask for the reformation of the instrument.
answered
b. True
Question 2 When one of the parties brought in action to enforce the instrument, he cannot subsequently ask for its reformation.
Not yet
answered
Select one:
Marked out of
a. True
1.00
b. False
Question 3 All other contracts where the amount does not exceed five hundred pesos must appear in writing.
Not yet
answered
Select one:
Marked out of
1.00
a. False
b. True
Question 4 When there is meeting of minds but the true intention is not expressed, a relief of reformation of the instrument may be sought
Not yet by one of the parties.
answered
b. True
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11/15/2018 Quiz 004
Question 5 The power to administer a property must appear in a public document
Not yet
answered
Select one:
Marked out of
a. False
1.00
b. True
c. Court
d. Statute of Frauds
Question 7 When through the ignorance, lack of skill, negligence or bad faith on the part of the person drafting the instrument or of the
Not yet clerk or typist, the instrument does not express the true intention of the parties, the courts may order the instrument be
answered
_____________________.
Marked out of
1.00
Select one:
a. None of the choices
b. Reformed
c. Annulled
d. Ratified
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11/15/2018 Quiz 004
Question 8 The procedure of reformation of instrument shall be governed by _____________________of the Supreme Court.
Not yet
answered
Select one:
Marked out of
1.00
a. Clerk of court
c. Rules of court
d. Criminal court
Question 9 What action may be taken when the true intentions of the parties are not expressed in the instrument?
Not yet
answered
Select one:
Marked out of
1.00
a. Annulment
b. Enforcement
c. Reformation
Question 10 Contracts shall be obligatory, in whatever form they may have been entered into, provided all essential requisites for their
Not yet validity are present.
answered
Marked out of Select one:
1.00
a. False
b. True
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