1. Diana agreed to pay Charles P75,000 in three equal monthly instalments.

What is the nature

of the obligation of Diana? (5 points)
2. Piolo agreed to deliver to Sam 10 grams of shabu for a price of P 1,000. The parties also agreed
that in case of noncompliance, Piolo would pay Sam P 5,000. Is the obligation valid? Explain.
(5 points)
3. How may an obligation be extinguished? (10 points)
4. Dante stole the jeep of Nato. After sometime, Dante contacted Nato and admitted that he
was the one who stole the jeep. Nato instantly forgave him and told him that he will not sue
Dante should the latter return his jeep. Dante decided to return the jeep but while on his way
in order to return the jeep to Nato, Dante met an accident. Dante miraculously survived the
accident but the jeep was totally destroyed. Is there an obligation on the part of Dante?
Explain and support your answer. (10 points)
5. Mario agreed to construct a commercial building for Jose for 2M pesos in San Pedro area. The
City engineering office refused to issue a commercial building permit since the site for the
project was declared a residential area. What will happen to Mario’s obligation to Jose? (5
points)

Nota bene: Pls. write your answers in a yellow paper without using the dorsal portion. Your papers
will be collected during the meeting (Aug. 30, 2018). Please work on your own.