Engineering Board Exam Reviewer · ECE · medium

The deposit of the thing due with the court when the creditor unjustly refuses to accept payment is called:

  1. Tender of payment
  2. Consignation
  3. Novation
  4. Dacion en pago

Answer

B. Consignation

Solution

Tender of payment followed by consignation extinguishes the obligation.

More ECE questions

  1. A condition that depends solely on the will of the debtor (purely potestative) makes a suspensive conditional obligation:
  2. An accessory undertaking to assume greater liability in case of breach, such as a fixed amount per day of delay, is called a:
  3. An obligation in which only one thing is due but the debtor may substitute another thing is a/an:
  4. An obligation in which several things are due but the performance of one of them is sufficient to extinguish it is a/an:
  5. In reciprocal obligations, if one party fails to comply, the injured party may:
  6. 'Compensatio morae' occurs when:
  7. A debtor who fails to perform due to fraud, negligence or delay, or who contravenes the tenor of the obligation, is liable for:
  8. An obligation in which each debtor is liable for the entire obligation is called:
  9. A condition whose fulfillment gives rise to the obligation is called a:
  10. The gratuitous renunciation by the creditor of the right to demand payment is called:

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