Simbala, Andi Te’a Mari O.

ID Number: 2204965

Business Laws and Regulations 1 (1300) Bachelor of Science in Accountancy - 2

Case Analysis

No. The proceeds of the sale of the object will fully satisfy the claim of the vendor and he shall have no
further action against the vendee for the recovery of any unpaid balance (Art 1484).

II

In this case the rule caveat emptor applies (Art 1566). Hence, the registration of Edison is in bad faith
and will not confer him any right, so Bernie has a better title.

III

In the case that there is no force majeure clause stated in the contract, the doctrine of frustration may
apply where unforeseen events happen. (Art 1174)

IV

No. The property cannot be a subject of an executed sale. Hence, the contract is valid only as an
executory contract to be fulfilled by the acquisition and delivery of goods specified. (Art. 1462)

Yes. A creditor is not bound to accept a check, because a check does not meet the requirements of a
legal tender. (Belisario vs. Natividad (60 Phil. 156 [1934]) )