Professional Documents
Culture Documents
X offers to V 100 electric fans for P80,000 payable in 60 days with 12 % interest per annum.
V accepted the offer by telegram provided that interest is reduced to 6%. If there is no
further communication between X and V relating to the terms
A. The contract is perfected because of the acceptance by V
B. There is no contract yet between X and V because V made a counter offer
C. The contract is perfected under the terms of X
D. There is no contract yet unless v gives earnest money
X sold his horse to Y for P40,000. No payment has yet been made and the sales document
does not provide the date of delivery. Before delivery and payment the horse gave birth to a
baby horse, which is correct?
A. Y is entitled to the baby horse which was born after the perfection of the contract
B. X is entitled to the fruit (baby horse) as Y has not paid the price yet
C. X is entitled to the (baby horse) because it was born before his obligation to deliver arises
D. Y should pay additional amount for the baby horse to be entitled to it
S sold to B a water pump with brand name Higopka .After delivery it was discovered that the
pump does not
functioning well prompting B to complain.Therefore:
a. b does not have the right to complain for breach of warranty against hidden defect
because the thing has
a brand name when sold;
b. b has the right to complain for breach of warranty against hidden defect despite the thing
being sold under a patent
or trade name.
c. s is not liable for hidden defect even if the thing sold is unfit for the particular purpose for
which it is sold;
d. s is liable for hidden defect only if it was stipulated