FAR EASTERN UNIVERSITY

Institute of Accounts Business and Finance

LAW ON SALES

ACTIVITY ON MODULE 6

Instructions:

 Answer the problems below by citing the appropriate article/s;

 Use Century Gothic 12; Single space; observe space between paragraphs;
 PDF File;

1. S sold to B a tractor payable at P50,000 upon delivery and the balance of

P70,000 within 60 days. B failed to take the delivery of the tractor and pay the
purchase price. S was forced to sell the same to a third (3rd) person for only
P100,000.

Is B liable to S for the difference of P20,000? Why? (5 points)

2. S purchased a lot. When he tried to transfer the lot into his name, it was
discovered that the owner sold it to T (another person). T, the new buyer, was
able to register it first in his name.

Who has a better right over the lot? (5 points)

3. Bong bought a land from Jun five (5) years ago. Bong admits that there is an
annotated adverse claim of a certain Lino that he bought the land from the
owner. However, the said annotation was already canceled. Lino is claiming
that he owned the land since this was first sold to him. He further stated that
he could recover the property since Bong had knowledge that it was sold to
him through the annotation of adverse claim.

Is Lino correct? Why or why not? (5 points)