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S and B entered into a contract whereby S transferred to B a specific car for the price
of P200,000.00, while B gave to S P90,000.00 in cash and a diamond ring worth P110,000.00.
The heading of the written contract signed by the parties reads “Contract of Sales”.
a. The contract is void because the intention of the parties is void since the value of the diamond
ring is more than the monetary consideration given.
b. The is a valid contract of sale as intended by the parties regardless of whether the monetary
consideration is more or less than the value of the property consideration.
c. The contract is a valid contract of barter since the value of the property given is more than the
monetary consideration. The intention of the parties is immaterial.
d. The contract is partly a contract of barter and partly a contract of sale.