Engineering Board Exam Reviewer · ECE · medium

Under Article 1145, an action upon an oral contract prescribes in:

  1. 10 years
  2. 4 years
  3. 15 years
  4. 6 years

Answer

D. 6 years

Solution

Written contracts: 10 years.

More ECE questions

  1. Under Article 1144, an action upon a written contract prescribes in:
  2. An oral contract for the sale of electronic equipment worth ₱100,000 that has been fully delivered and paid is:
  3. Ambiguities in a contract prepared by one party (contract of adhesion) are generally interpreted:
  4. When the terms of a contract are clear and leave no doubt about the intention of the parties:
  5. A contract with a stipulation in favor of a third person (stipulation pour autrui) allows the third person to:
  6. Fraud that is the reason why a party entered into the contract (without which the party would not have agreed) is called:
  7. A voidable contract may be confirmed or ratified, which:
  8. The action to annul a voidable contract based on intimidation, violence or undue influence must be brought within:
  9. A contract where the object is outside the commerce of men, impossible, or not determinate as to its kind is:
  10. A contract that depends on chance or an uncertain event, such as insurance, is called a/an:

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