Philippine Bar review · Topic
Mutuality
Explore Mutuality in Fundamental Principles for the Philippine Bar. Browse subtopics and published practice questions, then take a quiz or answer flashcards.
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Practice questions
- What principle does Article 1308 state?
- Under Article 1309, may determination of performance be left to a third person?
- When is a third person's determination under Article 1309 binding under its communication requirement?
- A service agreement says one party may decide at unrestricted whim whether that party is bound at all, even after the o…
- Both parties authorize an independent appraiser to determine the specified performance. The appraiser tells only Party …
- A contract submits performance to an independent third person's determination, which is communicated to both parties. E…
- A contract ties a payment adjustment to an independently published index using an agreed formula, leaving neither party…
- Explain why mutuality is not the same as requiring identical duties or equal economic benefits for every contracting pa…
- Describe the legal safeguards when the parties leave determination of performance to a third person.
- Compare an agreed objective performance formula with a clause allowing one party alone to decide whether to comply. Exp…
- Does Gotesco hold that every escalation clause is inherently void merely because it allows an adjustment?
- In Gotesco, did the label common-area-and-aircon dues shield an unbridled escalation provision from mutuality review?