You are required to briefly and concisely explain the reason of your citing a legal basis

1. A person borrowed from the Bureau of Animal Industry (BAl) three (3) bulls for breeding purposes which imposes a payment of a breeding fee, what kind of contract was entered into by the borrower and the BAI?

(a) commodatum (b) mutuum (c) deposit (d) lease

2. A person deposited P1 million pesos at the Philippine Bankrupt Bank,

what kind of contract was constituted between the depositor and the

bank?

(a) commodatum (b) mutuum (c) deposit (d) pledge

3. A person using his own property as collateral binds himself to pay the

indebtedness of another (debtor) in favor of a creditor in case the former

(debtor) will not pay within the stipulated time. What kind of contract

was entered into?

(a) guaranty (b) suretyship (c) mortgage (d) Indemnity

4. A person, using the property of another as collateral, borrowed an

amount from a creditor who imposed an interest therein and placing the

said property in his (creditor) custody until payment of the amount

obtained. What kind of contract was constituted?

(a) mortgage (b) pledge (c) antichresis (d) deposit

5. In Harvard a student borrowed money from a local merchant. To guaranty payment, he left the certificate of registration of his Mercedes Benz car with the merchant for him to hold until he pay the loan. Is there

(a) pledge (b) mortgage (c) antichresis (d) simple loan or mutuum