1.

On May 1, 2020, S sold B through a private instrument for 20 sacks of com stored
in the only warehouse of B. The delivery made by S to B is known as SYMBOLIC
DELIVER

2. Which from the choices is considered a void act?
BELONGS TO THE STATE

3. The seller has the following obligations except? TO PAY FOR THE EXPENSES
RELATIVE TO THE SALE ONLY IF STIPULATED

4. Which from among the choices is not correct?
SALE OF IMMOVABLE PROPERTY WORTH LESS THAN


5. These are the things needed for sustenance, dwelling, clothing and medical
attendance in keeping with the financial capacity of the family of the incapacitated
person. NECESSARIES

6. It is a privilege existing in one person for which he has paid a consideration which
gives him the right to buy or sell from or to another person, if he chooses, at any
time within the agreed period. OPTION/OPTIONAL CONTRACT

7. The contract of sale is characterized by the fact that the thing sold is considered
the equivalent of the price paid. This characteristic is known as COMMUTATIVE

8. It is a unilateral promise to buy or sell a thing which is not accepted. POLICITATION

9. It is a contract whereby the parties, by reciprocal concessions, avoid litigation or
put an-end to one already commenced. COMPROMISE

10. It is a contract where a person binds himself to render some services or to do
something on behalf of another, with the authority of the latter. CONTRACT OF
AGENCY

11. It refers to a mode of delivery of incorporeal things or rights. QUASI-TRADITIO

12. X, a minor, sold his car with the fair value of 800,000 to Y for only 200,000 THE
SALE IS UNCONSCIOUNABLE AS MAY BE DETERMINED BT THE GUARDIANS OF C



13. The delivery of the keys to the house subject of a contract of sale is an indication
of a constructive delivery known as TRADITIO SYMBOLICA

14. It takes effect when the vendor continues in possession of the property sold not as
the owner in some capacity such as a lessee. TRADITIO CONSTITUTUM
POSSESSORIUM

15. Theses goods of which any unit is, from its nature or by mercantile usage, treated
as the equivalent of any other unit. FUNGIBLE GOODS

16. It refers to a characteristic of a contract of sale where both parties are bound to
fulfill obligations reciprocally towards each other BILATERAL

17. It is an uncertain event, the happening of which, the obligation subject to it is
extinguished RESOLUTORY CONDITION

18. It is a contract whereby one of the parties binds himself to give one thing in
consideration of the other’s promise to give another thing. BARTER

19. The person named in the choices cannot acquire by purchase or at public auction
property that corresponds to them. Who may? AGENTS, THE PROPERTIES OF HIS
PRINCIPAL THE SALE OF WHICH WERE NOT ENTRUSTED TO THEM

20. It pertains to a constructive delivery of goods where the seller merely points to the
goods as those that he is selling to the buyer. TRADITIO LONGA MANU

21. Which from among the choices is not an obligation of the seller in relation to the
vendee. TO ASK THE VENDEE TO LAY FOR THE EXPENSES FOR THE EXECUTION
AND REGISTRATION

22. Which from the choices is not correct in relation to the relative incapacity of
husband and wife with regards to sale or donation to each other? CANNOT
DONATE AFTER THEIR MARRIAGE

23. In case of installment sales of personal property, the vendor has the following
remedies should the vendee is not able to fulfill his obligation. Which one is not?
FILE AN ACTION TO RECOVER THE REMAINING KEME

24. Which is not a true statement that relates to the risk of loss of an object or a thing
subject matter of a contract of sale. IF THE THING LOST AFTER THE PERFECTION
OF THE CONTRACT BUT BEFORE DELIVERY THE SELLER BEARS THE RISK

25. Which is correct statement from among the choices relative to sale auction? THE
SELLER MAY BID IN THE AUCTION SALE IF SUCH RIGHT WAS RESERVED


26. S, the seller, has 2 warehouses full of Sinandorado rice. S offered to B 25 sacks of
Sinandorado rice at 2,000 for every sack from warehouse 1 which is lartof a 1,500
stock-piled sacks of Sinandorado rice. B agrees to the offer.THE CONTRACT IS
VALID BECAUSE ALL ELEMENTS ARE PRESENT

27. G, the guardian of W (a minor), bought the parcel of land of the latter at fair market
value. THE SALE IS VOIDABLE AT THE INSTANCE OF G


28. Consent, being an essential element in a contract of sale means that THERE IS A
MEETING OF MIND AS TO OBJECT AND CONSIDERATION

29. The following are the obligations of the vendor except TO TRANSFER OWNERSHIP
OF THE THING SOLD AT THE TIME OF MEETING OF THE MINDS

30. It is an act by which one party parts with the title to and the possession of the
property, and other acquires to and the possession of the same. DELIVERY

31. It occurs when it is placed under the control and possession of the vendee. ACTUAL
DELIVERY

32. The following are exceptions to the general rule that ownership of the thing sold
is acquired only upon its delivery to the buyer except SALE OR RETURN

33. I. Payment of the purchase price is essential to the transfer of ownership as long
as the property sold has been delivered.
II. The ownership of the thing sold is acquired by the vendee from the moment it
is delivered to him. ONLY II IS TRUE

34. A seller sold to a buyer a specific parcel of land at a price of 1,000,000. The contract
provides that the buyer will pay the seller cash 400,000 and the delivery buyer’s
car worth 600,000. The contract is SALE

35. It is a delivery by operation of law LEGAL DELIVERY

36. Quasi delivery is the delivery of rights, credits, or incorporeal property which is
made by ISSUANCE OF OF DELIVERY RECEIPT

37. When the sale is made through a public instrument LEGAL FORMALITIES

38. The delivery by mere consent or agreement of the contracting parties, where the
seller points out to the buyer the object of sale without the need of actually
delivering it.TRADITIO LONGA MANU

39. This occurs when the would be buyer had already the possession of the object even
before the contract of sale by virtue of another title which is not the ownership.
TRADITIO BREVI MANU

40. The following are modes of delivery of incorporeal property except EXECUTION OF
OFFICIAL RECEIPT

41. It is also called “sale on acceptance” SALE ON APPROVAL

42. There is no transfer of ownership notwithstanding delivery of the goods SALE ON
TRIAL

43. I. In a sale on trial the risk of loss rests upon the buyer
II. In a sale or return, the risk of loss remains with the seller BOTH ARE FALSE

44. I. In a sale on trial, it depends entirely on the will of the buyer
II. In a sale on return, it depends in the quality of the goods BOTH ARE FALSE

45. I. In a sale or return, the ownership passes to the buyer on the meeting of the
minds
II. In a sale or return, the buyer may revert the ownership in the seller or tendering
the goods within the time fixed in the contract. ONLY II IS TRUE

46. This is kind of symbolic delivery where the vendor remains in the possession of the
property sold such as by virtue of a lease agreement with the vendee TRADITIO
CONSTITUTUM POSSESSOR

47. When the goods are delivered to the buyer, the ownership thereof passes to the
buyer in
SALE OR RETURN

48. Delivery of incorporeal property may be made through any of the following except
EXECUTION OF PRIVATE DOCUMENT

49. Which of the statements on the transfer of ownership of the thing in “sale on trial”
is incorrect? OWNERSHIP OF THE THING SOLD IS TRANSFERRED TO TO THE
VENDEE UPON DELIVERY


50. It applies to persons who under certain circumstances, cannot purchase certain
property. RELATIVE INCAPACITY