MCQ: Law on Deposit

April 28, 2015
  • MCQ
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Thank you for taking this test. This is a quiz on the Law on Deposit (Articles 1962 to 2009 of the Civil Code of the Philippines). There are 21 questions in all. Good luck!

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The best distinction between extrajudicial and judicial deposit:
The depositary who may have justifiable reasons for not keeping the thing deposited may, even before the time designated, return it to the depositor, unless the deposit is for a valuable consideration. And if the depositor should refuse to receive it, his remedy is:
Plaintiff contracted SBC to store his 50 bags of rice in a bonded warehouse, but SBC stored 40 bags in a bonded warehouse and the rest in the non-bonded warehouse. As to the rest in a non-bonded warehouse, duties were levied by the government in the amount of P2,500.00 which SBC paid without the knowledge and consent of the plaintiff. Plaintiff then demanded SBC to repay it before releasing the rice. SBC:
A deposit is a gratuitous contract, except when:
When it becomes necessary to open a locked box or receptacle, the depositary is authorized to do so if:
As a rule, if the depositary suffers because of the character of the thing deposited, the depositor should be responsible for the loss sustained by the depositary. Which of the following is not an exception?
Which of the following best describe a necessary deposit in compliance with a legal obligation?
A contract of deposit is considered a real contract because:
Fixed savings, and current deposits of money in banks and similar institutions shall be governed by the provisions concerning:
Article 1970 of Book 5 of the Civil Code provides that “if a person having capacity to contract accepts a deposit made by who one is incapacitated, the former shall be subject to all the obligations of a depositary, and may be compelled to return the thing by the guardian, or administrator, of the person who made the deposit, or by the latter himself if he could acquire capacity.” The contract entered into is a:
If Juan and Juana deposited a car, to whom may the depositary return the car?
Jane deposits a car with John in Pampanga. John later on resided in Pangasinan, bringing the car along with him. In the absence of stipulation, where must the car be returned?
As a rule, the thing deposited should be returned at the will of the depositor. This is true whether a period has been stipulated or not. An exception to the rule is:
If the deposit is gratuitous, the depositor is obliged to:
The general rule is that deposit with a third person is allowed, the depositary is not liable for the loss except if:
A deposit is necessary when:
When there are two or more depositors, if they are not solidary, and the thing admits of division, each one:
If the deposit is onerous, the depositary is obliged to spend, without the right of reimbursement, for the necessary expense for preservation. What is the reason behind?
Juan deposited something with Pedro, who is insane. Pedro in turn disposed of it in favor of Maria. Can Juan go against Maria?
The contract loses the concept of a deposit and becomes a loan or a commodatum when:
If Claire and Clara deposit 1,000 sacks of rice, each of them can demand:

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Top 5 for this quiz (Law on Deposit Quiz)

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