ANTICHRESIS Group 3

1. Which of the following is a requisite in antichresis? B a. Delivery of the immovable b. Written agreement c. Payment of interest d. Registration of the antichresis

2. One of the following is NOT an obligation of the antichretic creditor: D a. Payment of taxes and charges on the property b. Payment of necessary expenses for preservation and repair c. Render an account of the fruits to the creditor d. Surrender the immovable to the debtor before fulfilment of the debt

3. What is the measure of application of the fruits to the interest and principal? A a. Appraised at their actual market value at the time of application b. Apply the fruits according to the price agreed by the parties c. Apply the fruits according to the price given by creditor d. Include the value of the immovable in the application

4. Which is a correct definition of antichresis? A a. The creditor acquires the right to receive the fruits of an immovable of his debtor, with the obligation to apply them o the payment of the interest, if owing, and thereafter to the principal of his credit. b. A contract of antichresis is a contract whereby the debtor undertakes to deliver an immovable to his creditor as a security for the performance of his obligations.

c. The debtor delivers an immovable to the creditor with the condition that upon non-payment of the debt, the ownership passes to the creditor. d. An antichresis is constituted on an immovable where the creditor acquires the right to apply the fruits to the interest of a debt.

5. One of the following is a characteristic of an antichresis: A a. Formal b. Principal c. Commutative d. Gratuitous

6. What is the remedy of the creditor in case of non-payment of debt? A a. Bring an action for collection or foreclosure of the immovable property b. Appropriate the property on his own c. Acquire ownership of the immovable by registering it

7. Which is of the following is NOT true? C a. The antichretic debtor should be the absolute owner, at free disposal of the property b. Antichresis is indivisible c. The stipulation of interest is essential in antichresis d. Antichresis can secure all kinds of obligations

8. What happens to the balance after application of the fruits? A

a. It should be returned to the debtor b. It is recovered by creditor c. It is given to the custody of the court d. Divided between the debtor and creditor pro rata