432 ss SALES - DIAGNOSTIC EXERCISES, ‘rear 1 muvrimts cHorce, Select the Best answer yy ‘iting the eter of your eh, 1. contrat whereby one ofthe contracting partes o Aamir ana theomncahp of and to deine F &—Ownerahip of party, Okt trans ei Sorte et cs characteristic refers to. pops DaYm=n* by ones meee BThecamse eatin re on 2 Scere ; Reeas ‘the 9 ae ang ee PRBERY sees the it to omer there F “The following tems pertain ta ither a contract of. ‘ae Sliosing thera contacto sale ora 1 Qwnerthip of the thing ot is tents upon H. Ownership of the thing is transfered tothe ty at some future tine ML ‘The risk of oe nan the bape. IV. The tisk of ss on he sles, ‘Based on the above det, which of he allowing econeet? ‘4, Mem {andl pertsin to contract esl. BL Items and I pereain to contac oe © Teme and IV pertain to a contract of ale. ems and I pertain to contact of sl. One of the flowing ia not reste of the obec of xntract of ele. Whi isi? a Termst be within the exmmece of cn. ems bei mcrae TE must be determinate or determinate Vendor uot hare the right (2 eanaler the ‘merdhip of he thing athe fe oF = poe the ftowing ems pertain oer empire spree Pre pe el of fire ig i ‘The sale of hope or expectancy: Ti Treas tage ee Be ting nd mst come inte ose,4 The ale re Sates, ich ef the fotowing ig ce the above frais ange au to Bema 500 nck of ce a 7,000.09 SxrSR Ste St vedi th weet oe Eigdag. tutnowa whe parton the worth nine on 80 ace, What SUN Stang end Bem sp ele owe ince the qu walle i eng a the guna ea The aloe valid up io 430 ence of ice but vod os (othe eiiency of 20 sacks of ce © The entte sal i Vali up 10°00 saci of sce. Beracio becomes the over of the whole sec valle gd Sango must delve the Sotency (120 snes of nr ‘The sale ib valid up to. 480 oncks of see mut reaciafble ns to the defcieney of 20 asc of roe ‘by rowan of darage seed by Berio Somera seis toBucnvia at P50 per elton 300 eons sxe mor ni tn ht un we Shin toactof le ron Seeman Hera a0 The mle ved bermune the ual arable fet he qu sou The tale valid to 500 gallons of gat ‘henvahe must pay for the atonal 200 gallons tiple © The sale is valid up to 300 gallons of gasoline Eoeprng eames the omer 3/5 of the wie Thi Somera becomes the ewer of 2/5 siete Yecause Somera wil exlet lesion “of mare than ofthe value of fa whole stoke nes 1, Sen Mantel Corporation, wi Dskotall try en uber Compary fata shows 10 the tonne ‘Gherte Jord und ci 8 eonae is Arata ‘we lnpited tial ayes, toh the apr. "Chan dada ni 68 wae Ty femme oppure tgs ra wat Sepeet Sesame eral es Sates epee ee Se are erat Sores an ais Sate estat wt edn peed te ted eens ee ae es Fee a haat eg rn Ss paso es Beth uses re couvota fr pce of ek : sete ommenrenramnay ert soutstetonsemparanaraass to & F90,900.00 in cash and 2 daar og oe Lee dea Dy the nares ee yd toca che sateton of he : ‘Te contract foe the val ofthe diamond Hn Seo eee coca Ta comes ycopenty ven 8 omsmoncary consideration, The Intention of thy mantel a Re Rimmel cmtnet of barter ang rjc oe ie in contrac ol i certain, ee ae Phe ihe pares bane fied OF aBieed Upon « Eos emant » Phe pce i ceran with reference to smother thing erin c.| Hibefenpa the pice ne to the dscetion ot fone othe vst prsn and he Pc ned Bot accepted bythe ter party. i iFthepace ec tt we he thing sol woua Ihave on a definite day o.in @ particular exchange or market ‘On January 1, 9 orally wold to B a specific ving for 'P450.00. ‘The partion ages that S shall deliver the ing {0 Bon January, while B shall pay the proe on January 7 A The contract ie perfected on January 5, when the ring is datiered by $ to, ‘The contrsct is perfected on Jantuary 1, wen the pertics hed a meeting of minds on the object and he price ‘The contimet is perfected on January 7, wher the prise Reseraton rine >. Bamest money Down payment 6. 1, 18, 29. 5 ory eae een Sat oa incars be spe al as the delivery of ein eric ated at Ur inade day 2 Parente ae mond ing to B for b Sim eect fr c. cannot enfore payment because (N89 nol reduced fo wing lela S cannot enforce, ayen because there was no ‘contract of ele yeu" Psat there (On June 1, 2035, $ wold io 8 50 uit af machines whieh were achediled tare fom Japan the long da oe board the vessel “MT ppon Maru" "The ale oss evidenced by an invoice ening cach machine by seal faumber. ” Bech mache ws, pced at P10,30000 Unimown to the partes, 3 tne ware damaged beyond repair by seawater ow Mey 31, 2015. Bas ow tae foregoing, which ofthe follwing tatement since? &Binayrecind th whale entecl 8. B tay demand deer of the remaining 20 its Oe ee & Simayroguire payment fhe whale tipment os, B since S wan nt sare ofthe damage cael a ‘he machines athe ene of sae 4. B has no option to resid the whole contractor Fequite pejment fhe reining 20 uit. a tetany me iy ney stuetae rete hte @ Gooner =e Sta = i B== on tay , 35 sc fcr std fay 1 2035,5 dre os The daerynadet 3Bsates relies count dtner by gl oa SSR ae by wnat coe 2 Rada nye mene Fe bet ma 20. peter tincrpore! propery ma bead Tow any ne ong ease. of eiathn os pac document E SEERSTRc el formar inthe posensiono Eovetser cae re sendes of iets, wih the deters 4 Seton of pet instrument 21, “One of the fotoming. suteneats on the canes of Seceship cf the thos br vale on te” 6 ineorest Shieh she 2 Genero ofthe ting i eater tothe vende ‘Shea e Sg hs oppor orssepanee tthe % Gimeitip time tng i watered to te vende ‘whan he does an ct edptng the baccon « Genenhip of the tide B uansteres to the ‘cde ft tine Seed fo heres oe ing His coped end the rendee tine the thing shout ging gotee of Tecion or seepsance thevenser 4. Ore of he ting a anaes the vender Spon deny 22," on March 1, 2015, 8 sid and deere fo B 9 teva for P10,000.00 “on sale or rum” giving B UP (2 March 16, 2015 within which te menura te television et oF ay the price.” Om March 10, 9915" the (leicion a= wes bumed through no fault of W. nse on dhe forego: ‘whieh the latowang statements is ncamect?| 8 Wp captain te toon ead nex Se anes ‘he oanershi of he new et wma trate 9B upon delay to hie BB rust bet: talon ef the television oot 2. 1%. 2s a When bythe tema ao b. When by the toma of eta nn contract of se soreoirb etait, 2 sree Sbetigeste i berm ee roe ieee bre Pere eat teay =hEcesgoees tee Seen encom me Wusecese ees weno cle tee wae ae 4 4 Whon'the owner does sot ssene the right of possession or emnership of the thing sol upon etnny to te carer personal zope the pie of hich pegubie ip installnens vendor sap eee toy of the olouing renedien cept faldment of the blgaon, shosld the ‘Sense alto pa ay nose tintalinen b. Samed! the sus shoul the vender fare t pay Shree weer mie nsallnes. c.Srelone hg eae! riggs on the property if te entre fue fo pa Se ME bvclonare ele hy have pla a RRERR pe crac orange on the prover esicusee fale fo pay corer 0 6 BSE Roedtmenta bot Be may me Hoe: ancy eer te foreclose st resent nose an He 28 5 Baldomer twee ging» Sor" SE ea ‘ca ae rane, Soe eat” ae ft ache renee settee in 3 i Oe onein divers by le formalin eee ane nto claour Staton rs 5 eis hentmane sn. etic ry PLE ay a. . sr caer ot pe document, SBE he ues of evnership in the poseonalon op pte sendes of hie right, wits the dobry 4 Geeatan of pve instroment "One of the following, aatements on the transter of Srseship ot the thing’ it vse en trial is inoret iis ce Samership of the thing is transferred to Ue vende ‘whan he sane is approvl or acceptance to the ene 1b Goratsip ofthe thing is transferred to the wenden hen he does an act adopting the transaction. © Oeneraiap af the thing ie transiennd 10 the Sendee i the time fined ft the retire of the thing fs cepced and the vendee retainc the. ching without ging Retiee of rejection or acceptance the wend COwnefsip ofthe thing i waneferred tothe veniee pen delve a © On Macch 1, 2015, 8 sold and delivered to 8 television Se Vicia atta ypu ‘Merch 16, 2015 within which to return the television st Sry, eon uc SO eet Serban Stiga sf shit the owing aanensicteaneees anette in spe ey one oe 2. 25 ‘ana te a fy ‘When the ssler drow bil of ecange on the ‘bayer forte pce ete grads an aie th Dil of exchange el the fede tote wer to secure wctepance of pment the bit fschenge and ihe bayer ohare the Wo xchange her the ewer does not reser the ight of possession ot omeratip of the thing sold pon slvr wo the caer thm contract of ae of persnal nent the pee of Sh payable nist vend my eee ay ofthe faving emetien at Pla anette ton, she Oe ‘Shel oo any aber of alin », Tae these ee vender ae PY Soyer te ot moe saline rc a chart murgags om the popes i Ge maa tre to pay cons ome se (iSuimente aed rosover any dicen et {eraosure elf they hae stun a RESET chanel morenge on the ren rere oe mt no eh patos tam ates es a drt 6 ay ea 20,000.00 it 90 Yo 7a ttaimenss, Balionety FL000.00, At ment the Tord awl, So27," Were the salir of goods 28, ‘SALES hon Realy canesied BO $8 Hoy, scoring. 9 Sbaowere ena ‘och can surrender ee a pas, 100.00. & Pasieoo.0: = F36,000.00 & —Patjoo000. 8 sO may recover the ring rom X without reimburey X since © was untewtlly derived ofthe rng, bi Ovmey recover the ring from X but he has to Febmburce X sine X acquired te wo th rng. Quay no longer recover the ting even i he ig ling to relmbarse 4 Xia not acquire tte to the ring since the ‘Sucloncer had no vali ide thereto oidable tie tet, bat hie ttle hna not been avoided nt the Une of tie eal the Dauyersnquires tits to the goods. Such acquisition of ie hae the following requisites, except the: ‘2 buyer must have bought the goods in god faith buyer must have Beugit them for valu. © buyer bought them without notice of the callers defect of tle 4 pany from whom the aller obtained the good uct ati the ae, fos rn etme a cena eee aan te RESREiE eae Oe ae a ae soe Se Sd sme 2 ee : ms aml 2. 2. Mente wera ge oe en. & mentees ois beet he cea he ‘Three of the ting ae the ets in eer that an ay eerie hie ight of snppoge Uf The seller ha not pared Seal Be parted with the petsestos of ‘Te gids arin wang ‘The bayer ico becomes nzent ‘Goede are sil in transit: 2 the buyer or hls agent obtain debvery of te fgoode before ther arial at the apposed ‘b. _When the caer sclmontedgee poseeion ofthe ood se bales forthe bayer afer heal oe Sade a the place of estan {Phe carer oer ae rong ste 0 alive the gods tothe Dujer cri agent: 1, f the goede are taocted by the buyer, andthe Carer‘ ther alle continues in psscision of hom, even the seer haw refsed to rece thera tok. ‘unpaid sellers gt to resell the goods i ave ke the fg cP stare Sie pete ater reseed te ght vo rv Oo ce bayer as deft i the pment of ‘pice for an unreasonable ineos. Sates tenn eer ast i en 0 tat ton Sem mde tenn ee ae on Geesias of 000, square meters. e delve a er is te Ue mee Sede al cae o oe ot creed Duh ipsum of 80,000 ‘tans te contact, Steno te roqured to deliver only 1.900 sqsare ‘moter; Barcamseda tsp te contone pee ef +125,00.00. ‘eters; Harrameda has to pay oniy P720,000 0. 4 Hesher parte eoquired t psiorm the olpetin because of miata Sn sold repneed plee ofa to Bautcen an ay 2, 2015 in a pub natroment. Ou May 4.2015, Sonn oath in a private instrument the seine isce 9 la ‘who tock physical ponresin of the land. 0 ‘as aoare ofthe sale made tothe ether, a The land belongs to Basti, bTholand Selongs to Crus, © ‘The land still belong te Sion, because both sales The land should be divided equally between Bautista and Crust pve eilct to bath salen Err 94 tase that on May 8, 2015, Szon sll he hhod in pubic instrument ta Deminge whe was, Dot war of the two previous gales. Domungo then reastted the ae wth he Regier of Beate ‘The land belongs to Bautista ‘The land belongs fo Crus ‘The land belongs to D ‘The land wil 6 ‘ee lane wil be equally divided among the three ‘Taree ofthe flowing ae te requiios nore at ie vendee meee ‘the vendor's liability in ease of ‘ito, Wich oes? weir mun bet Sl Sadement dein the Tendee ot prot whole oben b.The'wenke must have apomied om eich Serer lesa te vende in paseo wt Je ception in based on ster an cmp een a. Patent coe ofthe tat he see the vender ea upon a. beng2 4. Sates are the requisites in order that ty Fare ce ore the elers ability for hidden detect Sayer may enlore the Which one ot? = sn Te defects ofthe thing sod MUSE NOt be Patent op Hisbie 2 The deeets render the thing unit fr the use fa ‘Thich its intended, oe which dininish ite nes {br such use to ouch an extent that ad the bots tren aware there he would not have Bough The defects must Be existing atthe ue of sae The defects must be capable of determination by sneer, Alessandra purchased from Rote Tan's Department Store, ‘0 pieces of imported identical bathrobe, one of whieh tas embroidered with “HIS and the other wth “HERSY which she planned to gre to his trends Jules and Assunta ab a wedding pretent. She inapected the ens ‘very carefully withthe asistance ofthe store clr belo, paying fr them. While she wae wrapping them shor after she arrived home, she noticed that the hein of the “HERS” bathrobe had disintegrated because was loosely sewn, which damage was not apparent because of tie ‘any coors ofthe apparel ‘& Alessandra can rescind the sale of both pieces of bathrobe, Alessandra can rescind only the sale of the bathrobe marked "HERS" © Alessandra cannot rescind because she shoul have inspected the item well when she bought I 4. Alessandra must pay for both pieces of bathrobe ‘The vendor shall be liable for the death of the animal sold ‘hen the following requisites are present, except the disease existed atthe time of vale {he discase is the cause of the death ofthe anima: 3c disease must be reanbino the snimal dee within of pause thin 3 days from the dime Bie e The justifed refuse) of the bu proditces the following ences, woe, SALES. 4s a7, i a SEIE2 no et, wt . fo tiger BARRE chee roe pe Eee as hie the ight sanpendpyae "Disturbance inthe pocton or omer of he {hing purchased. Theres pes im seuy forthe return f the pce & —Tthas been stipulated thatthe buyer shall pay the pice netwitstanding any disturbance 4. Theltarbance is mere act of trespass ‘A contract of sale with a right to repurchase and other ‘contracts including contract purporting. to be an fbeolute sale shall be presumed to be an equitable ‘ovtgnge inthe flowing cases, exept when 2 ace of sale with ight to repurchase to repurchase Enaaually inadequate enor reins tn poneesion athe things e fo repurchase the propery een & Pence tide times apy the es de 1 ofa rr and hs the ight fgg BS Sida va and ei he twig eet Fre Sia doe not xcod one Reetare e owns yral land. nar § Bans cime aetna od ieieie hei ton ding ome he ett w crema ian fot, gn BS rapt Rego react oberof ubrgain Riot esempaion of preemption. igh ot epurcse are coowners ofan undivided parcel of tang, Gait, “A sl he saret Xr on une 1B sok he Share sow X¢ and on Jul}, Cat his share alco tt neha was with ane 0 repurchase 2 Seay compel A B and to come to an sercemeny to repurchase he whe len b Eadcoomer “may exercise Ris right of Ielemptgn on the whole propery including ok Share of teeter tro connie © Esch ‘coomner may euateiee tis right of Fedemption Gay with respect to his share 4 Any tro of the tree co-owners may fedeem the Propeny proportions R, Sand Tare co-owners of an undivided parcel cand. 8 t5ld his 1/2 interest to T in a dend of tnslute sah fay exercise the right of redemption on the interest wold by RT b Seannot exerts the right of redemption © The sie made by Riv Tis oustin Suny redeem only Hof the interes: sald by R107. 3. 8, 4 sanet obtain dene she SEE heer ea phy Bet brn ne Which ie icra by mete delivery to H, «purchase or a ger notin ofthe defect nie erg“ nd wou The negation of he Se ang yt Hi ct valid bemase ot suet bo, The negation of the Bl of ling by 7 wo H ia vac, Te deectieuile dors not hate ey eet ce the valdiy of the meetin © Hi may not obuin delivery of the gots tom C Deca H abuire whaisrer ie Thad oer the ocurent 6 Hacquited cde w the document but not to the mode D obtained from © a lan axuntng to 750,000.00, the 3 cannot collect fom D if D dows not ge Be consent tthe assignment. Tien eile from De setae Sey ae To Dis consent the met asta eee cog ome con: yeh = of sons tes orm of a ae a ET Sour ow eon one B equiable moreneeSey emma nee : = * tra momblepropety i 28 sepAtey 10,090 or oa mre por. tinge pe ™ ieee ead ie pata a oie an tt ete eal ma s 58 rope Rabin pod fh prevent the oldeat tite G TROSAMyaod tite st tok possesion of tye oper: ‘a contract of sl i perfected upon 2 eomeeSpptance vi te ezements ofthe law ay be daivey ofthe objeto the contract. © Ghe mening ofthe minds om the thing whic bth tec f the contre and upon the pres. 4 Semana {en contract hy srtue ofthe terme of which the partes thereto promise and oblgne themsches 19 enter la nother contrect ata future tine, por the happening ef erin events othe fllltent of ertain conditions. a Contract of adhesion Contact ot opton © Contact of se ‘contrat of sles aot a: Se ees os 4 Raleontnet, ble, Septet be vail objets ofa conte of eeu SBS tide te comers of men ee jones ass TS nd ot a ay ‘rl atte ey we ved vist oleae aeement wat ee eas PASH a ‘8 Boi rga mary BH ee : Sco 2 Eom delivery to common meagan, Wen, ee we de so gat ert me ne tema t+ Soo ere Sete Sepa ie rw persica yg 30 ‘ays Yo decie.""B accepted te promis of 3 tod inormet 5 that be (8) woul wake Meow Ris dosnt before the lapse of 30 days ite lo pe 5 72,000 00 or ‘consideration so that S weal old on his rote, The fonttact entered nto between Sand "Band. the ‘Ss eration sen by B oS are known 9: Option cata and epton ancy, respective BGontct of nl and caret me, ope. © Contract of sland deen pagmet, epee) —Gantenet "te sel and reservation ney, especie eee pay withdraw hs flrs oe the pe SS REE cca : ay «SPS gone Sere ee ‘rospeetve Buyer 63. The Recto Law apples ¥o which ofthe flosing examples fsa?450 ‘SALES 5 setncesn escecs £ SESE a oon Se cwtee 5 Sera ase soe See games onc sate x gy sy wh ay goat an see ext setts oh oe See be ugh ee a Bie Eek oe : Shovels aed fe tale Pact iene ate fet, ee ae Stele “senor Shae Se eee = 2 eine Sap ee cce es [poscesion ofthe lot B purchased fom S 4 laptop computer worth 100,000.00. The terms of sale prove fora down payment of 920,000.00 with the balance payable in 8 ‘qual monthly installments To secure the balance, fSjued B to execute a chattel morigege on the laptop Computer and a rel morgage on B's lot. B complied with lle requirements but defaulted in the payment of the {hice and fourth instalments, ‘These’semedios svalabe to except one. Which is it? 2 Cancel the ele Exact Auihmest ofthe obligation, © Forelose the real mortgage nnd thereafter recover any deficiency fom 8 @ —Foreelose the chattel mortgage and_ thereafter. foreclose the real mortgage in case of deficient) S and B entered into a contract whereby § transferred 10 Ba specie pan or te pe ef lino go aoe to's cash of POOG0OG ade tamed tg wee on. 70. «st 50,000.00. what Toovcen Sande Mt of contact wat estred ito a Reontact of titer Besa oe © The contracts py party «contract Se The contact is an innominate contact be the intention of the partes canol br determined ‘One ofthe distinctions tesite option money end money is that earnest money a0 the consideration pai or the purpose of holding fone to his promise to buy or ara determinate thing fot «cetain pert of ie. 1a, ot par ofthe purthase pce © _proafef the petetion of te ontrac of we ald before the perteton of te contac of sal comract of barter end Fight to sell the ting st the tine when ownership fat pas, and which cam be enforced te baer i pete of Fhe peoperty sold by aia dgment in our 3 Warranty against hidden defect f Waray ofmerntabie qual. © Warrany aginst evedon. Warrany of posession 9A bis who wes in Hong Kong, made an oeroeas cll 10 & ‘isnd, to sell Pa Bt in Quezon Ci icmediately 6 P heeded cash, According ‘ale svas in a publi aval 1B rescisibie, fe anenforcesbe eid oven a contract of sale and & Cone of the astnctons beween a contac of 28 Contract for apiece work that Roe ot governed Uy the Sate of Fasre a2 2 7 74 Seine 3 uC fan unde et Sen Seal nd ne aren i he od oP 7 : ig ax effin. of fact or any promise by the ster Fltng fo the thing which bea natural tendency t ‘Bauer the buyer to purchase the same, rebing on such promise afiraten ee cenaon Fale representation © Waren Salers ak In one of the flloing cases, the ownership ofthe thing object of the contract ie transfered to the other POY ‘pen deve. SP Concract se BAgeny tose © Stieorsetum, Saleen approval Under the “Realty Installment Buyer Act”, the buyer of Fel eis op ewalient payments may py ah naa? ‘Ete witht aditoal terete hae pal tet fo yet of iviallnens The late appieabe © sales/eurscoin waking. "TY 90 ca 1. pa ‘Thereafter, B drove anay mie are of a0 The delves ef theta So Bi y ont possessor The detvery ote car by § to Bisby tet nga The deivery ofthe carb 8B ey ri rest 4. There was ao deivey tease B should ave tumed over the phy preesion ofthe ear to S ‘pon the expiration of the lease so that § could make the proper deinen) to hin upon he ‘retin fe contact ze. B cao Sat th sao o'r te ter me f pul of shove win B wold be neding te Sle an Jue” B proved S wis the esi Geevpairter shce th he waned ince § 8 00 Imanacure send of sees ht B meted § ute Price of F000 00 which eed pay upon ey Rim of te por ot ere Siace Sand 8 ha ten gabon fos en iether peer wa sake a sofort Dae act eteen Sen Become a Tocca coy copied ang Pao shoee exces Sand B becomes b, Thecontact a. Tis com eaay pat the amount agreed SP Treen js enact en if eee TeRkac temeen Sand Bis efron fawmenus454 7. Which of te flowing contrat sauts ne cnr canon be ete 1 ter ea of sale ia void? Cea sece of and made COUR an agen rarer i ina ple instrument Fee ane ran in a publi instrument made Beste En ngent whose authority was even onl bythe principal Shoe of a pece of land in a pivate instrument hate’ through an agent whose authority ia ing ui nstrument Bice piece a land ina public istrument made nroug an agent whose authority Is in @ private " b deposited hie goods in the warehouse of W who issued fo Da warchouse rocept stg that the goods are to be dalvered to bearer, Thereafter, A obtained possession of the warehouse receipt from Din exchange for what A tobe n bar of gok, which, however, wan "oy Do be fake, D demanded the return of the ‘Narehouve receipt from A but the same bad alg been Zegotnied by Ato H whe purchased the docuinent fr alue, in. good faith and without notice that D_was ‘deprived possession theret by aud. The negotiation by Atotis woidable vali od Tesciaibe, B purchased a pair of leather shoes fom the store ofS. Shortly iter leaving the store, B decided to return and requested 'S, the owner, to place protective rubber Covering onthe sole ofeach shoe. Since the Job required at Teast 30 minutes to complete, B let the store of S 10 shop atthe neighboring stores When he returned. to the ‘tore of 8 aller 30 mittes the par of shoes was nowhere to be founa. le turned out that C, a sales clerk, had sold the pair of shoes that B bought to X, another customer. a 5 sold 500 share of soca: een « sees by 8, "iP ofthe pair of shoes easier id bot scare oxnes > EEE creme ree venti e stein et ih eat te soar nat clement 1 P50.00 pr share The rane of one ‘shares of sock may te made ghey oe an sens, excep ough anya he town ection ofthe ae ina pubic inarument. “the giving by "St ot te power w ote in he sockbolders mecing of San Manvel Corporation ‘and ts actu exe eet by B. © the Indorsement by Sof the sock cette fovering the SOD shares of stock an ts placing {nthe posession a8. 4d, thetasuance by 8 othe ofa recep forthe fall ‘payment ofthe piraue pice o te shares by B Which of the folowing dasuments fe equees Tnvdoraement and deliver fori grt smeER ehouse recep wh sates at the gods tie be dav tba: vv. Ret lading whieh states tat de pode re Cer reo eid en och person doen in eo RnRiouee eoupt which sais tat te we A warehoewcivered to bearer but the Dew Fiore 0 0 specie pereon ae 4. Ribot lading which sates that the ends Mire a st Fem and excel ded of tlt cl ne orc of nd nn. eM 2 paid NS fine ts, we of Satementais ere?Sates cof land ts actually 2,200 BETES tae to deliver only 3,000 58 Sf and B rust pay P22 = 000.60 =e oe Fe td 1 ue sets Si Sense on Bike parcel scully contains 1 ee Eee Stan dave al of 2200 ae? Siz "aa, 8 sul poying the amount Iriver old actualy contains 2,200 su ‘Becou 8 mt dlverallof 2-200 square mee’, ‘barb ‘aust pay 4 proportionate amount for ie ‘Sitoal 200. aguare eters in dition tothe ‘ree of P2,200,00.00. S sol « specie parce of land separately to the falling persons: on Jub, 2015, 0%, in pubic document en Say’, 2015 ia 2 private document to Y, who tole ‘hyeical possession of the land, and on July’9, 2015, 19 Zvwho regutered the sale with the Reguter of Deeds, Neither X,Y nor Z was aware of the sale made to th ether te buyers. Who i the owner ofthe parcel of land? Boop "because he was the Bret purchaser YY, because he wok psa! possession. 2 because he registered the ale S, breause the multiple sales he made rendered ach sale a void conte In which ofthe flowing ease is the seller aot obliged 12 sake any payment tothe buyer for breach ef warren Seanst eviction? ge . ess ry teeta ‘When there was no stipulation exempting the sellet from liability. : ee When there was s stipulation exempting the sett Secrest oom ta the waiver was made ne buyer without crea gea SALES , 4 Wen there wa (ho the buyer isin os wee" 8 spultion exempting te w5e4 ft tom brenen eer Te was subvequeny Scoveed at i wan ‘Suffering from an incurable hese sont Mother Lily ay es forthe resin ofthe ele the brown hore only snc se pd» separate peeeloreatholtehenss 1b, Mother Lily may ese for the rescission of the ale all the heres co —Mother Lily may nt ese or eesisson ofthe ele tf any herb bocaee ae ely entered into the Contract of ae 4. Mother iy ie bound ty the sale of al he our nore and mst honor such contact beeae the ‘oternaran cero that all ores were. “The buyer io abligd to pay interes forthe pid betwen Te deluery of he things apd te payment fe et ‘elolowngasen eerie Be poser spltion bt te hing lt Freee dai rom the ne of ul ot {Be bart Haman or the apes fe a. Honea here money possess thee of ernest, rose Earnest mcs Which othe excepto? a erfeton ofthe contract 6 a Tels pr B_Tels proaf of the perfection te flowing5 sold is farm Lot to with S reset Satz 1 to pakd at the time of the perfection of py Conract of sale Peed consideration for the Purpose gy Hi Pe to a promise to, buy "or al Uictrminate thing for «certain period. his right 19 Fepurchase (he property within five years fom the date ot the sale Based. on the foregoing facts, which of the following statements 488 4 28. & a Incorrect? "Te sale is subject to Binay validly ell the lot toa third person aguine fwnom § may exercise the right to. repurchase provided the right i registered. Bis subrogated to the nights and actions ofS. Bis ownership of the lot becomes irrevorable if § {alla to exercoe his right to repurchase within the period state, D borrowed 50,000.00 from C. The obligation is secured A contract of sale_posse “The consent of D to the assignment in not required in order that T may collect from D. ‘The assignment of the credit right did not cary with ithe assignment of the mortgage. TC D ‘pays Cr before D- was notified of the assignment, D is released from liability. ‘The assigument, to bind third persons, must be ‘ public instrument and recorded with the RegittY of Property three, of the folowing characleristics. Which isthe exception? cB Bilateral, since the parties are bound by reciprocal presatons i amutative, because the parties give lm ‘equivalent vaiues = 5 se Onerous, since there is an exchange of valuth ‘consideration. ihe 93, sea tu rth fl mee nr 6 wld Net agreement The le Washer mth espa en the execution of the ie"B sa ee Naseer ve tat reseed hi gh tr teputcae te 8. The sale by S 00 B ie aubjeet to suspense condition, b, The sale by S to B is suiect to & seater ceondton © The sae by §toB is eutet to a coition which Fe nlther suspense or resolu. 4 The sale by'S to B i sbsouie without any condos. Refer to em 91 a SSiinay repurchase the lt fom X within the fie year petied alto Xan not aware of Ue {eservetion ofthe gto repurchase. tS my not repurehethe ot ete X 38 00 trv of the resent ofthe ri Simp repurchase thet fom XX was are such resenation ae The soe by B t Xi void tease the cu Trine ix by Bitom Sis ute coming +P 100,000.00 ant sho to 8 P2,000.0 which S sinument ge 1 § Tinsel on te mente does 10 ea arent tte Se ihe ot a mete Kare Paes . ceqntract of Ie pay the amount thereat, cannes9s, ein sale, » ‘ Sates, ‘rae contract between § and B18 enforceable eek there wae nn ween agreement ety ae enemies Sorin ni ce esheets oo oe Be einen Se serseeeean sy goods ‘The unpaid seller, in addon 0 his right to retain he tds while he in in posession of them, has the follwing Sone a ‘xcept the ht ‘ot stoppage in transi, {o real he good {0 rend the sale to bid when the goods are reso One ofthe following ia natural element of contract o le é. ‘ “The price ofthe goods “The goods eld, The sipulauon ww pay interest on the purchase prce ofthe mode ‘The sles warranty aginst hidden defect On Janvary 1, 2015, Santos offred to sell nis ooly amon ring for P50,000.00 cash to Bersola wo Interested in bing the sane be was ‘whether to buy the ring or net ption Santos told Bersola that ‘Giving the later upto iaary 21, 2015 to decde Bersola agreed to the ‘and gave Santes option taney of 300.00. 08 enory 18, 2015, Santos found ansther buyer who 2S wiling to pay 70/000.00 cash ‘anos personally vised Bersola to inform him that he wes witeawing. hin 2 unless Bersola agreed to uy the ring for PPO/000.00. a. Santos may validly threw the fer, without ‘being hel Tabie for breath of canerat wince sales © Santos cannot widen the oe nase the ‘ptm sounded upon a onsen f #50000 evoke needs openly 0 00.00 he dees {9 buy the ring ence the opin money o P00 00 ‘hat he paid forms pct ofthe purchase pice 3 and B executed © deed of absolute sie duly fcknowledge bette m notary plc whereby 5 consyed i ear to fer 100,000 00. however, ioed © tat Ihe would be ping ama on a busines np ed tate ‘would be taking the car fom the pice of 8 when he ‘Feturmed after two weeks. Three da after the ele ofthe (ar to B, 8 cold the sue car to X though a deed of SSbeolute’enle which was also sckmowidged bee ‘Rotary publ X then drove the at eva tom the plas of Sand fn the sale recorded wis he Land Transporation ‘ice which iaued to him a eertcte of rgitauan of the car in his nate,” Neher 8 nor X was aware of the fle made to the ober unt] B returned foo his business Preference shal be even 1 B since the car wes frst sold to. bX didnot coque tet the ear because § was 70 teeter when tele wes made 0 ee mguivd le othe car Beaune § append te eg incr in the fecord of the Land ‘Fransporston Of. as 4. Sram te over of the car Dect S romaine ner nail the wale tthe ote D gives hi ng worth #25,0000 Cn come Dees pf ao0 00 and a bracelet worth PS 0 fe De Based on the foregoing fc statement near pereen D and Cie «ale ter The eansacton tr The tan be a contract of a462 SALES and Cina barteri oy ‘e anscn vere . ene concrete Sere eg aster ENA Of the Ba ere alan cause te bac ‘occas ban 600.0, Fe a er fe eto of Gy Fer ctr be embed 100, 3, the proprietor of a rent-acar enterprise, sold iy Bhalneed an le Aas of To cara to for lump ou ep 13,000,000.00."'S physically delvered the permits end ‘ther pipers for the operation of the business and the seh ate eres eet roe cer wh the partica agreed shall be fa for one month {while e wee winding tp ie allie i the Philippines a 101 fhe was then leaving for abroad, ‘contract of sale and the cont Tin the meantime the ct of lease, though already Signed by the parties, have not been acknowledged before a notiry public, and henee, were atl private instrument, » “The ownership of the car leased by $ remained with ‘The ownership of the ear leased by S has been tranderred tor B allhough there was no physical elivery thereat to B. ‘The execution of the private inserument for the sale of the businces and the cars likewise transfered the ownership t B of the car leased by S. Both the contract of aale and the contract of lease rust be acknowledged before a notary public by the parties before the ownership of the car leased by Sis transferred to B, King Gems Company, a jewelry manufacturer, shipped fs dozen necklaces to Queen Jewelry Store. The sbipment was made under a written agreement allowing Queea Jewelty Store to return the neckdaces within a period of ‘one month from delivery. Based on the foregoing facts ‘which ofthe following statements i Inconect? b Title to the necklaces passed dolivery. = IT Queen does not retuen the necklaces within one ‘oath, the sale tit becomes abaulute to Queen upo# Searare 104, a © Wee ne foal PGE 8 devel fe thereat 8% en mony whoo the a ite pee eet ‘Queen, Queen mre, et0¥e4 through the fame On January 2, 2015, 0 Warehouseman, iho fatued & ateann eee, wih, states that the! go mS Evisngea ne whe Parte (ae ieiarees Scoiriat prarrsmecin te ome cee a 2 ees tee nce One of the flowing satnents pertaining to «ale by tution sneak Which whe euton Sx pected when the lone Eanounes ts pee bythe al {he hammer, in an ther mn vy, Blo pran, axyer may eect i i 2 Bee Peretn, he auctoner may wire he Bek Gates te auction wes anno tvithout reer. a NOU Tiny allay participate in the bing trio tet te Bers commuter to B for #120,00000 5 sold a specie MEE yrent of PLOO0000 and ith |B vine pe balance in 17 egal ems promising, 10 pay bemoaned a chattel ERERE? Installments. B lewis10s, 106. eysnent of the ronment of the Dalenetaments, B_ defaulted nthe ray weg emis eee 1 2 Soe tament of the eblation- heel the chute) morgage ANd TeO%eF any (isloney during the forecooure cle if there is ag Serene to tat fle 4. Goeclose the real mortgage and recover the Aeficieney during the foreclosure sale even If there istno agreement fo that effect. B bought from Century Properties, Inc. & 1,000 square Imeter fot located beside the Manila fntemnational Arpt fon which he. intended to construct a warehouse condominium. The terms of the sale provided for the [payment of the contract price of P 300,000.00 in 60 equal ‘monthly installments of P5,000.00 each. After having pid 30 installments, defaulted In the. payment of the sacbeeding installments. As @ consequence, Century Caneelled the sale. B now wants to claim the return ofthe fash surrender value of the payments he had made ps ito the “Realty Installment Buyer Act, others [Enown as the Maceda Law. s Psi che Bis ented to a cash surrender value of 50% of 180,000.00, or F90,000.00 under the Maceds La Bis entitled to a eash surrender value of 58% of 180,000.00, cr F39,00000 under the Maree Bis enti to a eash surrender value of 90% of 180,000.00, or F162,000.00 under the Maced Lew, BB cannot invoke the Maceda Law fr the return &F any’ of the payments he had made for the It He purchased shipped FOB Manila, perishable goods wort 0,000.00 to B who is bie in Cai, ‘remit # vec amounting to P50,000.00 far the price of the 8°08 107. “s We awn ‘eatin tonic” ee na eS a orm Hee one" nS ato na esas fet tearing St oat 8 Trem hee ee he GA 110 pots ee SPF too 00s wl {0 82,000.0, the prot him ile ad eed ped to Gase_B ~ Ifthe proceeds of sae, net of ane, et of netental ‘pense, amounted to 470.0, Scan recover te ook Both Cases are true, Both Cases are fale, (Cave As true; Case Bi fale (Case As fale; Cave Bi tre B visited a store sling lamps, tight bulbs and similar Sor. He informe the ale tat he was buying 2 nite ff « S0-sratt “Philips” bull. Though he intended t use the 2 bulb for Ue headlight of is car, hed not norm the seller of his purpose. Thecefte, e inated the 2 linits of "Phillipe bub on bie eat but they did. nt Tianction, Based onthe foregelng, which ofthe flowing statemente ie incorec? 2 The oxler i lable fr breach of waranty of ness for a particular purpose oR ISADICIESS tr ton of weno prpoge because the DIVE Eigtaocecy onthe sellers al or juert. Te sede mt ale Bee Ta ay only for meschantaiiy, ofthat a tt forthe general purpose for whi noees for rat - ‘sold to B under its06 Shey 106. se refers to the right 19, i etre th a Ss i ‘pica Mtn ee i ats Bae Se eee ae Se ctl regan £ Soreness fae icaetiore Palmares ordered from Superstar Sportswear Com Sportswear maulacturer, 2 dozens of jnckers and fants vied and designed by Palmares fr the or RE Extketbll team, ‘The wea not Sie YPC of tporawe ermaliy manufsetied by Superstar. The pice aged Upon bY the parties was P72(000.00.” After the artes sitre manuactared, Palmares refuse to accept them at aime that fe wae not lable since the contract dl nat Pay ‘compi sth the Statute of Frauds sr paimazes ts lable although the Contact was notin The contrat. contact of sl © The contrect ia eontract to all. 4. There was no contract at ll because ao wetig Bronte hs offer a brand-new computer pit ‘i priser wna dlvered'tB afer the ier Hid pe Canon which he et out om 8 magazine where Supree Machines Compasy. paced ao elves lowing & “ree Teal for 7 diye" of the printer to, prospaihe comers, “Aer ‘ing the printer shorty ale Seivery to hm, 1s paced om alec as bes fess window.” fret all shoot the printer vn ‘feos Inter. By that Uns, the plane parts ofthe PROM hed “been difermed beeauys ‘of ong. exposure Sulght such that he plate would yo longer func 2 the cnarchip ofthe printer wes ansterres © B Upon ite doles tah b. * Blmust pay tor the prot of he computer. je SALES na, 113, esion of inl ‘edit ‘Burau tht ora Re cea eee According, Sabows soled te eat tae he oes talne postesin ove wea The rhea fy ‘Salto inthe situation sven on hese 2 eoppege te ona © Sutra, atachment” & ganicimene Feferto No. 11a obsining actual poseion of the fondm, Sato oer terrae af pose auton Beted om the farpone fs mc of lowing ‘Statements snore pening tke safe Bet CMO™Ggpow tay td at the ple eucoon poled ‘he wap af the onde ae pt The buyer ofthe gods at the pubic etcion eae tothe pod as aga Bede cele ood we el t #1600000 rt of cn of ibsetead cer expenses, Salona may Ser ‘Heatour ot 0.0000 fron see sold a PELLDDO, et co tea Mie tn one expenses, he proto 2000 ‘elongate their aren ai tne Bio, Carmelo and Dea ropes 10 Tet Etna nthe POR OO BS preter at Fea eenns. Peswetuonl edemption ‘SSnlgason dese the g00d8 with, « certain eras oD warehouse ie ge eto be elvered tote tere cee. esa indrsement completed by delivery. 2 BeikLorecmene completed by delivery G.Indorsement to bearer completed by teey, S delivered @ diamond ring to B for B's necklace worth 'P10,000.00 and cat of P15,000.00 which B is schedutd (o deliver one Weak after their agreement. The contact ‘between 5 and B wna nol i writing The contract between Sand Bia a. am enforceable contract of barter. BL an enforeable contract of ale € sn enforceable contract that is partly a sale end party barter. 4. tale but i is Unenforeable not being in writing ‘andthe cash to be paid by Bis atleast P500 00, 16, Toe contracts are present fo you fo evaluation: ‘A-contract for the delivery of a article which It ‘manufacture in tie fdinary course of business, but the article was not available atthe time ofS ‘contract was executed, AA contract for the delivery of an article to b ‘manufactured specially for the customer and Upot his special order In your eratuation of the said contracts: Both contract refer toa contract of sale. Bi Bath contracts refer to a contract for a piece refers t a sontract of sale toa contract [iterate contract of sale refers toa uy, ns. no, ‘These statements ty {tr to coat ona eM we of wor: Meet 2 presented to “The sae bet fing having potential exten lb Rake the tha dae ‘he Sale hope or expectney produces efit ‘ren the thie hope Yor det sat ae, {In your evaluation ofthe oreging statement Bows ae ane. BR Rothare tle a Only Statement tis tue Only Statement Isr, ‘The following tems are presented to you I ‘Contract os Sale or rum, i, Sateon ti WV, Agen te Upon the deivery af the goods by the owner thet to the tana v. ‘The 1 following.are characteristic of certain contracts: ‘Nominate Ti, Real Il, —_Aleatory IV, Commutative sieht A contract for the sale of = secptaleSAL resented 10 yo for evaluation: he purchase pee. Tf the PeeHON of gy 120, Tene statements se “pion money Pa me Souect of ae In your eonkation ofthe si st ‘oth are ru ‘Both are fase Only Lis rue. Sat ie ese 121,‘ soit « computer to B for P120,000.00 under the ‘Eaowine term" 20,000.00 doa: blante payable fig ar Ey inveliment with an seceleation lave Si adcue payment of te balance, B executed chat sees oh the computer ad scl mortgage fb it ‘ter paying in fet two iatainents Bdetelted nthe event of the thre; burt and ft Installments. § {Bala to recone inl te lace of 80,000.00 even in fe of decency ao he consuls ou on which 0 te Gliving coursce of actor to take to ache Oat PP eract flliment of the balance by suing B and ave the computer sed or the exeeuton of he Jigen nine 8 1, Forelove te cate mortgage onthe computer Ti, Poreclooe the real mortgage on te lt. ‘Based on your evaluation ofthe foregoing data, the course fection that you wil kel recommend to to achieve his purpose is: 2 either tor, Either I ori ©) Either {orl 4 Any oft ort, 122, On January 5, Samonte, who was going abroad as aM immigrant, offered to sell his ear for 150,000.00 1© Baldrigs. ite informed Baldriga, however, that be wanted to rent the car for P1,000.00 per day up to January 1528 soon a8 the sale is executed since his Might. was 12 Scheduled until January 16. Baldrign accepted! Bl” sales 123, 124, fers, nd sc conc ad, 0 an the atthe day Samet ane tmungauy of ‘Grn an ee ee et ent a tae oF. Stat a em gumer ot having tained gal poses ‘blr mutt bear the las teeuse he acquired umertip of the car dese its ck piel ‘aiven tha z © Bh Samo and vai must sare equal in 4 Stmonte must tear the st ty etuing 150,00 00 lee #50009, he rea of he et for 5 day, in perl compenston 8, who is based in Mana, sipped FOB Cebu goods worth 50,000.00 to B. Whe the anode were on ther way to ‘Cebu, Sas informed b hie bane that the chev rete by B Was dishonored for neuen funds, Ascrding, S fotied the carrier not to proceed withthe alvery ad that he was tang posession of Us ood. Based en te foregoing fect, whieh remedy arabe S? 2 Resale ofthe god. b.—Reacasion of the se ©) Bither remle or remaslon of the gods, ot the option af 5. 4. either resale nor esision Before perfection i a saleby auction: ier ny ta Feeney wha te goods Kam te ‘Tae jess the auction has been announced 0 Be svithout reser “The statement is tru fF a. Both and. De Neither nor e Tonly.ns, 126, 127, aa | ae a ol. seni en 0 eg eS ne Soret On tan Si siya aloe a oes Ere we mmm nore Sec tanec Shae Ermer rae es ge rei Seer ray Ch Saal tan SEs tn your evaluation of the abore sales, B acquired tte ty the rng i at 3 Manat Vandi 4. none ofthe tree contracts All three contracts. S sold brand-new elects typewriter to B for 20,0000 ‘ona credit term of 30 days. The agreement between tht artes provides that B may return the typewriter wiht {he same period. Ten days alter delivery to B, burgs centered the ofce of 5 and carted away various valuables including the typewriter he bought rom S. Bust pay the price of the typewriter to 8 'b.Bis not obliged to pay the price ofthe typewnte becase the loss thereat was without his fal. © Siust shoulder the los because B's ow a Thel the typewniter was not absolute since he had th option to return lt wthin 30 days. os rust be shared equaly by Sand 8 fairness vo bat Bene 130, ay Teen ee Seer Samet ancy oo ment oR i ca 2 ety rane ta Set, Inyo gain 7 Site pg tome ie rene ae a Installments” of 720,000 cath, wih tal cnn ‘martange tobe eaccued by Ban bis ot to ce te sad Yalanee. Aer paying 3 stallnents, 8 dente ne [payment of 3 tote isctliments Based on te ren facts, the following remedies were preset Ie et lime te ote i, Canoe the a TM, Foreclose the ra morgage on te fot and recover fan defiicncy nthe fresoeure sale you were B, the remedy hat you maya yours i athe Lor b.Sther tor either Lori QR or the three remotes presented mp ye sa Ce ett wna eer pis © Beer cease one plc sale he desides 1at, $ aol his otto X on Apa 1 2015 132, coiaseech suet 28 fe faiehowes AS Scene es Srp os SESSA er inna cia Seta mo ie ined na eel Soon ete eae a Tangles crc ioan tt oaiareraamas Po eee TRESS exam ln et mi cgoe ed 5 BSR aE eat Rekaiteae Ssancamnest A contract of sale i perfected upon the: roomeigh pasment ofthe purchase price By the buyer. B__dalvery of the object ofthe contract tothe buyer, 2 ewung of minds between seller and the buyer en the object and the price 4. acknowlecgment of the deed of ealé by the eller find the buyer beforea notary public. statements are presented 0 you Tes part of the purchase price. Its paid before the contract of sale is perfected. Whee given, it entitles the party making tt pesment to hold the recipient from offering the Sheet of the contract to other persons within the period agreed upon, IV. RRisproof the perfection ofthe contract of sale Peng ‘Based on your evaliation ofthe foregoing statements, Srhich ofthe flowing i tue? a Tana ee fo option mon 3. Mana reer to option money. Mand 1 seer earnest money Wand IV refer to option moner. Orlando is the owner of an agricultural lot consisting | 9,000 square meters (or 9 hectare}. The lot is surround! 135, Semano because it was only he who ofr to . eee b. Wagan beeatte te is the owner see te orner of the sxe &- Bopino becuse he is he eae of the ent | Risateendeteelaes a None of dhe airing emers may ava ime ef ‘he right eflgal redempacn ieucing Nona. Bareaseda ved the frre se of Fal to Sindee anes rs buns wich wer Seng SShecuction Rt fata yin ane of i'n etch of eng be ware and ee rae ithe could male ur pecs ote spect {delta ar one neck Fare anes a Be Sul at he pe f F2A0000 pr bewe Te No kh ere by scramean wa fsck od ae SORE Ghat nnen cocplee tnd ovsed, Borat SCRE Shih te enone tr cosy tat a hone wo oe pe aranets et ie sch wh DGGES he ei ot nay ows yen oe Pa areca ranted nih Barents ood Bing al the Se tat Sn aE ae ah nr, All, he sean tT See tes te eet fo oe Tete prececded to te Beat as rales Poe aed 1 cet ten oe Behad changed BS BA OOss mele cae em S mecomeet theenweng om einen elec een 0 wg ny co BENSIRLI Unetwcele Reuse 29 my Reach me 136. Refer to the preceding mumber. What contract EST Sato bcfecen Buramedn and Parades?" orca ee 2 Soees So SUSNRoane ee SONATA SS eo we wr eo Sanse sed a ep Ee Sr etna ere ob , FE Speheicchia tee este metas Wh "Teer h Sed pha 138, ch oe twine nents common ath a 139. srretur and sale on tll? Ounersip af the thing ie transferred upon delivery fo tne buyer, 8 Gana oft thing i anaere c the bye © Gwnerahip of the thing may be revert to the seller should che buyer retrm it witnn the Se St eae a Incase the thing is tost through a fortutous eset fer the apse of the time to keep or wsturn it and the bse was sul fe porseesion of i, the ek of Jose i wath she buyer The full payment O¢ the pre is Bo contract wo set 1 positive auspensiv oa 8, BD sontnes eta, © maori eter Soni aE oe a rin Te ors lorfitute of rights waiver ancients 4. umenderel a, When the vendor was fn fad ath an there wee no stipulation exempting th sendr ‘rom tay in care of eroun. Whe the wendor was i Bas Sth an here wae supulaisn exempting the vendor fem batty ase ot eviction, S and B entered into a cotta i hese ofthe car ofS ' for P100,00000. In reais, hanever B dk! aot exe {Shy amEne oS bec tester neds! 1 te he feat B, In thi eas: “he contact beeneen Sand B is uA! au the cies wy, _Fiscantct beeen 8 cnt Ba ei conto eaten eoeen San in eid eit of donation eens eyva 145, 146. Sitry ‘roe contrast between Sand B i & Vall contre gp ie iy ee een on Somes aie ine parace ngveed that Serena WOU lege ea one cn reparation ne thidl'Bertete could phosizally get the piano. Belore ty eke Str over Sereua atl the same aro, alo in's ELC Ratroment wat for P25,000.00, to Jezebel wae omotiate) leaded the pasion her van. either Beth, rorJestc! wes avare ofthe tle ade to the eter, Whe [eth oner ot the piano? ‘Berbols| Seebat Berbeia and Jeaebet, a covers, ‘Scena who retained ovnereip bectise of Berl fend Jessbels comfetng rights, 18 bought two carabovs, one male and one female, om 8 Ne’ paid 72,000.00 and 3,000.00, reapectivaty. forthe ‘nithals which ke intended to use for breeding. Later, te ‘Gils curate waa found und for breeding becaee of sehr defect. ay ton rescind the sale of the female carabao ool acai he pal sparate pris for b,_Beewtrecind the sale of both nna tocaune Be ‘would not have bought the male surabso owe ‘he female carbon, © Breannot rescind the eae of ether aoiinal und the Te the buyer beware” rule 2. Bean rescind the ante of bath animsio oly if ‘napa single pie for both ther. “What may the consideration consist of in an optat contract in oer fo bind the efeer>s eee eosin 5 Other things or undertaking iter ae - May not be & valuable consideration, es gratultour cect sues ut, | ms, ‘The folowing statements orig atone pring tse Eos ladon toy wa ein a, beds tn the suction sie {he auction se te tale nen sane by auction ve 4, The auctioneer my widow the gon fo the suction sale he tle was amt be es {In your evaluation othe feng eae a Both statements ae ae 3. Both statements ae te © Only Statement tre Only Statement Is eu Under the Maceda Law, in determining the number of Installments paid by the bayer, the lloting pupae fre fostuded, exept a down payment deposi © pen mone. SL one of the eresing Necessories ince erenthing indiopenstie | for ‘tenance, thing and otis tend ad he sft folowing? a. yelling Seinen © Ranporatn Go Atetibelaeine ena vt whe tc My Wa nr gent wee) Sa ae ne vee 17 gery oe ene a ano a tne, ie el hore rial? Sd binding. Le 2008 ot tp sale a the eto. 3 The sao eine oem 5 Bot (aan sy * nr i cael Sea mr 98 pring coUSI, P bought a refigesor fom § 720,000.00 whi Faye n'a amet 000.09 per toms Pine’ latent clase in he payne fi Fett and sight nsalonia Should 8 Gece tg Falinen he open, Nov ich, ashe gee Pi " | tion of the | Stee am Sra ea Samar a ate Paod to, te Taeverming anne of P4,00.00 &_Rethot I ‘wor by bectuce 8 hea to im Reith orf oecase 8 to wat fr fe “ a car ee rene es the SS cope a ed by te crdtoe 4 or 182, " A, Band C were the co-owners ofa lt in the ratio of 24, | Comping," MMH Se his enewer to the ‘hae es socom i he propery ha | © Shenae cer peas fend heir. Who may redeem the lot of A froth > betieen the parties Cet SUN", teeny an the owner of tase pore, e_| Santee srioys prac Ia te cree a ern ereedenpua | 15. D owed € Ploomc. he at i ment a Cather he end 2 wi have an equ sare in | otoeny et ea oan & | Brtre ave dat, C soapen to eae ess B and Cn proprio to the share of ech in te eign fs ba St a fe j poem hater hrm Neer B nor © may excise the sight of ent | Rime are sea cota cme orca as eae wa mt ' eens 152, | wen ete vendor bound to deter he thing ld? ser as 2.” the vendee has nt pad hima the price Team cai tum D bat cant pa. Bi Was prt ee tarps sno te nas be Eelckiemmenar fixed in the contract. ._ —— “ahieh fr deemed tained & If the buyer has been given the benefit of the foreione the mone wh Roneer {Deh we Cine ama, set the a. Rene ote rea a PERS ce soe _— assignment was De 154, These statements conning the double ee of sign tact? ieenie se Sea ee Re 1. The fret buyer who was in good faith at ti ci a The ea ye Sten. {he gale Wa made to him, remains in good Hitt | CBr endo pobwithstanding that he’ gubsequenily obtaie® | eather nr Ob knowledge of the second ate, s = Inte tthe ee bayer retrence, Re ut oye oe82 158, The gt of pre-emption diflers from. the right op 159, 160, SALES Steptoe the acon ts directed against the buyer IRS Sto ce gut tester oe oghttnae ste le scl be onsen te original eae ‘The following are cetsin modes of acquisition of property: Purchase ‘Dacion 2 pag A sale Between husband and wife ie valid in which of the fa be. a ldwing ences? When a separation of property has boon egreed ‘apon in the macrage setlemenes or when thee Ings beens judicial separation of property When price of the aaie a mderate noun When te object of the wale ise ncccsaary such a8 food orcothing ‘When the spouse ae living separately. sau: ‘peor T~ MATCANIG TYP, tbe let re The, itil sour answers by wrt ec ace rin, ts Sat ogee nme Lae 2 Bec of wore a cena, 3. Price 2B. Vendor “ £ BSatcemten BA weaiy i Bieta & hase $ Smite 3 Senet Reade epee escsut kom Grenier 3 Sopra om S, Welny agit ie 3 SOE ote fn Acordes" 3 Sor creetapas ih Goria Be wis i SEM” SP aa i gatas eee i Seen i Pm ome 1b Buccs cmge — Rawepete fe Ringueyeot, 3, Baer Sama ie Seca Rees es 1S Seplescpentae SS anran ee I Fae genome Be a eee SE Ramey net, 2. Bastion | 3. hoc 24. Easement or servitude 50. Option money SS et alae senomate tot eter te nner ting nea monetary OBB ences abres teal ack formalist agent a opie PRET intention af he “snusaon shear tie performance of =n ab a>a6 Sate © 2 aEF ee aw go rt ec a ——- ure contract of sale. root ofthe perfecto carve OF Othe? person Ie ta tee cameo et ee ened ge err i lm een eeten ma Coa rt ae of te an Leg Ada ee see rhe ee St tw re wen aay tt Songer ae ee rear ee ee oa Seo Se ine a ae eects ar Le eee ce eae eet ee eerie peace peers toe Sree eeaig eee ae Beta aert eee teoea Seemann oor enact Tecate ty madeira mer eae cane eee Bee Applies to persons whe, under certain circumstances, Sec ioeoee Foes Sree pe oar Om ‘purchased. = . : eet ee Be a eae ee on ettg acs cay he comaderaton othe cotat fe anther Applies to persons who eannot bind semocvee # ® sues oo. 2 socument nd ‘he goat, or nanny gea he bra Dposntanar of ee ee at Pe tne Mert coe pics nmen gharmre ere (acre is tena Seay Fight fivea to 02 sdcinice owner of ie ca cam moet Si oh esate Penn whole oF a part of the thing sold > i pr Sacronte ae Refer 4 gods tobe ana edo acc by “The sel a hope oe Includes on who ha cx wa conditions pane {he goede a reget inseurent tthe tose hat teen heeken by reson of te dase f te ome tr the babeny ofthe ber ie even hing ndepeneable fr misteanes, dveng ‘medical tendtore, edicaion ane oe ‘Toe alice 15 pupae Sa sent ae the payment of Sn nine au earate rine frm ate ecetet ne eee acti te tose, io ss a ea preamne ptrreenga e owas teate : Peedi wy ate Me scene ee a cr ng ohh gale 1s automatically rescinded upon failure Se a eT ac wre 9 ew Be yw eas fr 8 emp SernW. Tae creditors are gen the right to 20 ww. RBagaE 4 rhe ees i ee Ere ate te om re po gin ete em See een te mea a i Be etm Sao me we a SS aes eee ee fie ima auction ae tscument tasued by « coon carrer ncknowledgog ihe recipe of the ponds ond agrecing (0 transport ad tiver mem fo wepectod place Right of acer to repurchase the Ching ool and the lee of which was resereed By the feller a te tine ae Delve, that takes place when the seller cantinnce in Toreesion ofthe thing sol after te sale but as lesee, + Hepositary or theresa the debtors properties and apply the proceeds to tit cespectve Sates. Teas frie purpose the transfer to another person of the ‘ght to cllect the debt XX Sale ofan expected thing None of the foregoing. ‘TEST MM - TRUE OR FALSE. Write the word “TRUER” if the statement is true, and the word "FALSE? ifthe wtatesucat 9 fle. Se eviction is inherent int a contract ef sale, nee nan acetal ee Barton en page partake othe natu of ex; BeBe there ia more freedom in fixing the price of te thing moe contact fora piece of work mist comply with HE Sutute of aude Arcontingly ities ne ror bbe exforeeable ithe pric is F00.00 os aro A sales contract requires the deliver tpt ait br eivery of the tng 288 sates ig and a moneta or ting in. ial ch ee ee eta cE arnaltertion peat hang rae ot heey th the seer ‘pes teret the tine an se ee he is cmnerahi te taper pn dees 2 BRE ‘The are of oy Be Fecal een Lape for doesnot come lataeitence 7 HO WR {ihe sale of lcs o land te ale of ‘ade rough an sae the suuhaity fhe og the owing hee | 8 eb ateton, nny der may eee hia db {he ple a pereceg! ” MMT ferme Kd bore 1 by blero ple” employ ty wale withoot notice sm sale ty uct, the ale maybe beat a {sadn by te bape ‘ie ewnersip of the thing sold tanned upon the retin ofthe conto of ate, = ‘stra promise to by ora date hig at cain pie binding upon the prmaer fhe pse is nappore by &conlderaan att em he pe arnest money ls part of the pase pie of thing: ‘ce, degusabie om the ttl seine pee. 1 hic of pereonal property page intent, the erty eet lent ft age’ agnor he ie 'ouyer dtu in the popoemt ef one of ee nota. {iva of nl property where the bay a dette eer pring atleast 2 year stints, be abl be ett 0 Poy. Sout addonal mere he wpa natin Bian the grace pei cme yi 1 at pian fhe popes of the perme ‘ver ts guia dip wl, ae Sieber all be eed to the Guts of the fom the tae of the perfeton of the contactese ot pom nae the vendor ate of etre, the 8 Of oes of ae le alter is elven Ie ee foe i cht ‘seller may have atolen it or acquired it from a thier ¥, a the A begodable document of tle becomes ror-negodabled ‘Ris stamped withthe maz ‘non nesot Ie the good sold are inthe possession cf tikd pero, the seller is deemed to have delivered the goede tote ‘buyer i the third peroon acknowledges tote buyer tt he hols the goede inthe bayer bea 1a period has boen ted for the payment of the ee Which thas not yet arrived, the eller an the rents bound to deliver the thing sl Am unpaid seller exerciaing is right 19 resell the 308 tay buy the goods ether directly of iniecly Wen an unpaid seer exrcies hic right af stoppage ® traits the contacto carriage eases, the =! sate is sold fora lump suim, dhe vendor ie bau Galver all that is inctued within ine boxer sale? fue alin od faith, ownership shall belong tothe sats BW order that he tae Eee of sere” SpE he ers ye Ere hagee Me MT ot cheng ete he Jute a5. The rendors tay iy ae rete may wel ME, Saha waranty enue the vendor ol il be Kae eee ee (3 a Tule, the voce nae Of the rake of evicucm: oY * Sook ieee I aed a a ee tc lem sults eats ey i ty Soa he 29, The sae of animals sting ety Soar lean in 41, Reveplance of he goad by the buyer cera incarece heel tram is Laity or any teach af waa 42. Tr the buyer 8 Juste in fusing © cesp he gon, he hall be oiged to hed the oad ep ie Yor the pera beeen te delves oe payment of the ice W the ting sls prea tt “Thy suspend the payment of the price of the oes cae hog Snateally escieded upon the default of the buyer ka 48. Foran aaigament of eet nding sos4, 50. Shuey te in‘ pubic mstrument and recorded 12D Resa = ia creditor before he learns Pe etry ae oS et i Se siete rth vatiny ow, ‘Tilgiment of the east made by bie creditor to person. eth sates, 5 i 3 : 4 i g SALES ‘eer arouse eworce ED HD ae ne 22 eects | PLR ‘8 Hea ieee RN BRS mo ae mete: gee Rip © ocl@wene, gee to ome Ok OBE PD es mle pies Se wk me ee er ee ie 80D a Se AAs 2B wea mA ae ao me an mae a Bo me ioe Db | we ae we mB »b we | 8 ne 25 mA 2. eb | MD ne BB ae BB BA ES m8 SB Be a wo MD oo Be | 8 no %B oe mp | aS me | of 8 Be m8 > “5 |492 131. wa uae ie 1a seb bee iis ies hee tra ae ia iad Lae.a hod ion 0.8 Test n-warcune TYPE LU RK aR at a 2 oie moo mY 360 nw =. bp a RRs ss. 380 SN st aL om eA 3 x nw me mm ae sco ins mn so om x me oS ore 20D Seta ‘TEST I~ TRUE OR FALSE 1 2. 3 4 5 6. 7. 8 9. 10. FALSE. FALSE FALSE FALSE, TRUE ‘TRUE TRUE TRUE TRUE TRUE 1 12. 13. 14 45. 16. 17 18 19, 20, TRUE, FALSE TRUE ‘TRUE TRUE ‘TRUE FALSE TRUE ‘TRUE FALSE 21. PALSE 31, TRUE 22. TRUE 32! TRUE 23. TRUE 33, FALSE 24 TRUE 34, FALSE 25. TRUE 35. TRUE 26. TRUE 35, TRUE 27, PALSB. 37, TRUE. 28. TRUE 38, TRUE 29. TRUE 30: FALSE, 30. FALSE 40: TRUE 151.0 1520 153.6 158. 155.8 156.¢ 137.4 iseb 150.4, 160. a. 23, 33 44 46 a, 50. 4 2, 43. 45 a7. 4. 2. 50, onnmgnezs FALSE. FALSE ‘TRUE | FALSE FALSE FALse ‘TRUE ‘TRUE FALSE PLEDGE, MORTON AND arc PLEDGE, MoRrGa: ‘AND SE ANTICHRESIS Provislons Common to Pledge and Mortgage Conon requisites of pledge and sertage 1, That they be constituted to secure the fulnen principal abgntion = oe ‘The principal obligation mst be a vali eiigaton, ss a rule, because being acessory contac pee cal Mortgage’ owe their “exten: von the gene pal ‘obligation. However a pledge er morage nay sare kinds of obligations, vate pure oc aut ta a suspensive or resautary conitan ht 209) or >. Voidable, unenforceable, or natural oblisatens (dete, 2082, 208%) 2 That the pledgor or mortgagor be the absaote owner of the thing pledged o morzage ‘Ownership at the time pledge or motgep * conatiated ‘The pledeor or mangapor mist be abaohte omer ofthe thing pidge & 1 St te tine tie conse. Theretre se gage consisted on fare proesty at na : ‘or wortyage ther b,Thind_persons may Pde ty fae PrP ie nt cue fo the ality of «Ba be debtor te or mortgage that the eat Be Ching pide OTE Eg ae Plage oF ET ower) Trother perso