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__B__16. S stole a ring belonging to O.

Subsequently, the ring was offered for sale at a public


auction where X, who was not aware that the ring was stolen, bought it. A few weeks later, O
saw the ring and recognized it as his. Based on the foregoing information, which of the following
statements is correct?
a. O may recover the ring from X without reimbursing X since O was unlawfully deprived of the
ring
b. O may recover the ring from X but he has to reimburse X since X acquired title to the ring.
c. O may no longer recover the ring even if he is willing to reimburse X.
d. X did not acquire title to the ring since the auctioneer had no valid title thereto.

__C__17. Barrameda bought a piece of land from Sarmiento for a lumpsum of 120,000. Aside
from mentioning the boundaries in the contract which is required in the sale of real estate, the
contract also states that the piece of land consists of 1000 square meters. Before delivery,
Sarmiento discovered that the piece of land actually contains 1200 square meters.
a. Sarmiento must deliver all the 1200 square meters; Barrameda must pay 120,000 plus an
additional amount for the excess of 200 square meters.
b. Sarmiento is required to deliver only 1000 square meters, Barrameda must pay the contract
price of 120,000.
c. Sarmiento must deliver all the 1200 square meters, Barrameda has to pay only 120,000.
d. Neither party is required to perform the obligation because of mistake.

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