1. What are the essential requisites for an obligation to exist under the Civil Code?
2. How does a fortuitous event affect the debtor’s liability, and what are the exceptions to
this rule?
3. How does Philippine law regulate usury, and what are the consequences of charging
usurious interest rates?
4. When can obligations be transmitted to heirs or assigns, and what are the exceptions to
transmissibility?
5. Under what conditions may a party rescind a reciprocal obligation, and what are the
effects of rescission?
6. What are the elements of a fortuitous event, and when does it exempt a debtor from
liability?
7. What are the different kinds of breach of obligation, and how do they affect the right to
claim damages?
8. What are the three types of damages that may be awarded in case of breach of
obligation?
9. What is the difference between culpa contractual, culpa aquiliana, and culpa criminal
in the context of damages?
10. When can moral damages be awarded in cases of breach of obligation?