8 a promissory note signed by d and dated march 15

me said amount.” The above note gives rise to an
obligation with
A. Suspensive condition C.
Resolutory
condition
B. Casual condition D. None
of the above
Where Duration of Period Depends Upon the Will of Debtor
(1180)
8. A promissory note signed by D and dated March 15, 2002
is worded as follows, “I promise to pay C the sum of Fifty
Thousand Pesos (P50,000) provided that if she should fail
in the October, 2002 CPA Examination, she shall return to
Classification of Conditions (1182)
Potestative Condition; Where Suspensive Condition Depends
upon Will of Debtor; Where Suspensive Condition Depends
upon Will of Creditor; Where Resolutory Condition Depends
upon the Will of Debtor; Casual Condition; Mixed Condition;
Where Suspensive Condition Depends Partly upon Will of
Debtor.
3. DR promised to give DE, his grandson, a car if the latter
will pass the bar examinations. When his grandson
passed the said examinations, which of the following
statements is true?
February 19, 2005 Page 3 of 51

BUSINESS LAW & TAXATION CPA Review School of the Philippines First Pre-board Examination
Impossible Conditons (1183)
4. 1 st Statement: “I will give you a specific car if you will not
Rights Pending Fulfillment of Suspensive Condition (1188)
marry X this year (1999). If by the end of 1999, both
parties are alive and no marriage has taken place, my
obligation is extinguished.
2 nd
Statement: “I will give you P10,000 if you cannot
make a dead man alive. This is impossible condition,
obligation not demandable.
A. B. C. D.
1 st
Statement
True False True False
2 nd
Statement
True False False True
Positive Condition (1184)
Negative Condition (1185)
Constructive Fulfillment of Condition (1186)
Constructive Fulfillment of Suspensive Condition; Constructive
Fulfillment of Resolutory Condition;
Retroactive Effect of Fulfillment of Condition (1187)
Retroactive Effects of Fulfillment of Suspensive Condition;
Retroactive Effects as to Fruits and Interests in Obligations to
Give
Art. 1191
Kinds of Obligation According to the Person Obliged;
Remedies in Reciprocal Obligations; Court may Grant Guilty
Party Term for Performance; Remedies are Alternative;
Limitations on Right to Demand Rescission; Rescission
Without Previous Judicial Decree
Breach (1192)
Where Both Party are Guilty of Breach
Comprehensive
Obligations with a Period (1193)