40Mr. R and Mr. V are good friends. Mr. R sold and delivered his car to Mr. V.

It was agreed and

understood that on Sunday, Mr. R will name and the price of the car. Sunday came. Mr. R called Mr. V by
telephone and stated and fixed the price at P150,000. Is the sale perfected?

b. c d.

Yes. The price was stated and fixed on the date agreed upon. No. The price was left to the discretion of
the seller.

No. At the time of the sale, the price is not fixed.

No. The price fixed by the seller was not accepted by the buyer."0

. Mr. G sold his owner-type jeep to Mr. M for P100,000. There was no fixed

date for the performance of the obligations of Mr. G and Mr. M. The obligation of Mr. G is:

a. b. c.

d.

To deliver the jeep immediately as there is a perfected contract To wait for Mr. M to pay P100,000 and
deliver the jeep.

To rescind the contract because no time is fixed for the performance of their respective obligations.

To deliver the jeep after Mr. M demands for the delivery of the jeep.41
42. Mr. B sold a parcel of land to Mr. ] for P200,000. Mr. B delivered the Transfer Certiiicate of Title of
the land to Mr. ]. Later, Mr. I wanted to register the land in his name and he needed a Deed of Sale.
What can Mf

] do? a. b.