Warranty against eviction is inherent in a contract of sale; hence it is an essential element thereof.

- F

In a contract to sell, the full payment of the price is a suspensive condition which upon fulfillment will
require execution of a contract of sale. – T

The ownership of the thing sold is transferred upon the perfection of the contract of sale. – F

Earnest money is part of the purchase price of a thing; hence, deductible from the total selling price – T

The buyer shall be entitled to the fruits of the thing sold from the time of the perfection of the contract
–T

The delivery of the incorporeal property may be made through the exercise by the vendee of his rights
with the consent of the vendor – T

The sale of hope or expectancy is valid even if the thing hoped for does not come into existence. – T

If the consideration is not monetary, option contract and the option money is not enforceable. – F

If the price is simulated, the contract of sale is voidable. – F

Contract of sale is a nominate contract as valuable considerations are given by both parties to acquire
rights – F

The vendee is liable for breach of warranty against eviction and warranty against hidden defect – F