By hidden treasure is understood, for legal purposes, any hidden and unknown deposit except:

Related MCQs

• A is the owner of a parcel of land. B, with a gadget to detect hidden treasure and used the instrument to determine if hidden treasure is found in A’s land which proved positive. With A’s consent, B extracted the hidden treasure. Is B entitled to 1/2?
• A husband by chance discovered hidden treasures on the paraphernal property of his wife, who owns the discovered treasure.
• To whom does hidden treasure which is discovered belong?
• Which provision of the Condominium Act (RA 4796) is correct? 1. A condominium corporation shall not, during its existence, sell, exchange, and lease or otherwise dispose of the common areas owned by or held by in the condominium project unless authorized by the affirmative vote of all the stockholders or members. 2. Whenever real property has been divided into condominiums, each condominium separately owned shall be separately assessed, for purposes of real property taxation and other tax purposes, to the owners thereof and tax on each such condominium shall constitute a lien solely thereon.
• A obtained a loan from Metrobank. As security, he delivered and deposit certificate maturing on April 29, 2011. A failed to pay, hence, the bank encashed the deposit certificate. A contended that it is pactum commissorium. Is A correct?
• A and B married. They acquired properties during the marriage worth P10M. Ten (10) years thereafter B filed an action for legal separation against A where he was pronounced the guilty spouse. The court divided the properties valued at P20M at the time of the legal separation, equally into two (2). Is the order of the court correct?
• A and B are married. B executed a will instituting A as an heir but A was pronounced the guilty spouse in an action for legal separation. What happens to the will after the decree of legal separation?
• A filed an action for legal separation against B. After the decree of legal separation was granted, A died. What will the court do after notice of death of A?
• A & B, without the benefit of marriage lived together as husband and wife. They had no legal impediment to marry one another. A was engaged in business. B was at home taking care of their children and the household chores and helping A once in a while in the business but without any compensation. If the relationship ends, is B entitled to a share?
• In case of contract of deposit, the depository has the following rights or obligations except: