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    X sold land to Y on July 1, 2018 and then sold the same land to Z on July 14, 2018. Z's sale was registered ahead of Y's sale. Z was aware of the prior sale to Y. The document asks who has the better right to the land in this situation and provides four answer choices. X Corp. had a debt of 1,000,000 PHP to Y Corp. over 5 years. X Corp. paid with a bounced check. Y Corp. assigned the debt to Z Corp. for 800,000 PHP. Z Corp sued X Corp. who claimed the case was one of subrogation requiring consent. The document asks whether X Corp.'s claim is correct and provides four

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    X sold land to Y on July 1, 2018 and then sold the same land to Z on July 14, 2018. Z's sale was registered ahead of Y's sale. Z was aware of the prior sale to Y. The document asks who has the better right to the land in this situation and provides four answer choices. X Corp. had a debt of 1,000,000 PHP to Y Corp. over 5 years. X Corp. paid with a bounced check. Y Corp. assigned the debt to Z Corp. for 800,000 PHP. Z Corp sued X Corp. who claimed the case was one of subrogation requiring consent. The document asks whether X Corp.'s claim is correct and provides four

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    © All Rights Reserved
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    3 views3 pages

    LAW16

    Uploaded by

    yg
    X sold land to Y on July 1, 2018 and then sold the same land to Z on July 14, 2018. Z's sale was registered ahead of Y's sale. Z was aware of the prior sale to Y. The document asks who has the better right to the land in this situation and provides four answer choices. X Corp. had a debt of 1,000,000 PHP to Y Corp. over 5 years. X Corp. paid with a bounced check. Y Corp. assigned the debt to Z Corp. for 800,000 PHP. Z Corp sued X Corp. who claimed the case was one of subrogation requiring consent. The document asks whether X Corp.'s claim is correct and provides four

    Copyright:

    © All Rights Reserved
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    68. 0n luiy 1, 2018, X sold a parcel of registered land to Y. 0n Iuiy 14, 2018, he sold the same land to Z.

    Who has the better right if the second saleis registered ahead of the first sale. Z has knowledge of the
    sale to Y?

    a, Z has a better right because knowledge of Y of the second 5319 makes Y in bad faith.

    b. Z has a better right because he is in good faith.

    c. Neither of Y and Z has a better right.

    d. Y has a better right as Z knew of the second sale.68

    59. X Corp. has dealt business with Y Corp. for live years. All through the years, X Corp. accumulated an
    indebtedness of P1,000,000 with Y Corp Upon demand, X Corp. paid Y Corp. by check the amount owed
    which was however dishonored for insufficiency of funds. For and in consideration of P800,000, Y Corp.
    assigned the credits to Z Corp. who brought suit against X Corp. for the recovery of the amount owed
    which later on was moved for dismissal by X Corp. on the ground that X Corp. has not agreed for
    subrogation. Decide.

    a. X Corp. is correct. This is a case of subrogation which needsiv consent being the debtor.

    b. X Corp. is not correct because this is a case of an assignmentor credit. The debtor's consent is not
    essential for the validity ofthi

    assignment.

    , D" “ W x Corp. is not correct because this is a case of an assignment of credit. However, assignment of
    credit needs the consent of the debtor.

    d This is a valid assignment of credit. However, Z Corp. did not acquire a right to sue in his own name.69

    68. 0n luiy 1, 2018, X sold a parcel of registered land to Y. 0n Iuiy 14, 2018, he sold the same land to Z.
    Who has the better right if the second saleis registered ahead of the first sale. Z has knowledge of the
    sale to Y?
    a, Z has a better right because knowledge of Y of the second 5319 makes Y in bad faith.

    b. Z has a better right because he is in good faith.

    c. Neither of Y and Z has a better right.

    d. Y has a better right as Z knew of the second sale.68

    59. X Corp. has dealt business with Y Corp. for live years. All through the years, X Corp. accumulated an
    indebtedness of P1,000,000 with Y Corp Upon demand, X Corp. paid Y Corp. by check the amount owed
    which was however dishonored for insufficiency of funds. For and in consideration of P800,000, Y Corp.
    assigned the credits to Z Corp. who brought suit against X Corp. for the recovery of the amount owed
    which later on was moved for dismissal by X Corp. on the ground that X Corp. has not agreed for
    subrogation. Decide.

    a. X Corp. is correct. This is a case of subrogation which needsiv consent being the debtor.

    b. X Corp. is not correct because this is a case of an assignmentor credit. The debtor's consent is not
    essential for the validity ofthi

    assignment.

    , D" “ W x Corp. is not correct because this is a case of an assignment of credit. However, assignment of
    credit needs the consent of the debtor.

    d This is a valid assignment of credit. However, Z Corp. did not acquire a right to sue in his own name.69

    68. 0n luiy 1, 2018, X sold a parcel of registered land to Y. 0n Iuiy 14, 2018, he sold the same land to Z.
    Who has the better right if the second saleis registered ahead of the first sale. Z has knowledge of the
    sale to Y?

    a, Z has a better right because knowledge of Y of the second 5319 makes Y in bad faith.
    b. Z has a better right because he is in good faith.

    c. Neither of Y and Z has a better right.

    d. Y has a better right as Z knew of the second sale.68

    59. X Corp. has dealt business with Y Corp. for live years. All through the years, X Corp. accumulated an
    indebtedness of P1,000,000 with Y Corp Upon demand, X Corp. paid Y Corp. by check the amount owed
    which was however dishonored for insufficiency of funds. For and in consideration of P800,000, Y Corp.
    assigned the credits to Z Corp. who brought suit against X Corp. for the recovery of the amount owed
    which later on was moved for dismissal by X Corp. on the ground that X Corp. has not agreed for
    subrogation. Decide.

    a. X Corp. is correct. This is a case of subrogation which needsiv consent being the debtor.

    b. X Corp. is not correct because this is a case of an assignmentor credit. The debtor's consent is not
    essential for the validity ofthi

    assignment.

    , D" “ W x Corp. is not correct because this is a case of an assignment of credit. However, assignment of
    credit needs the consent of the debtor.

    d This is a valid assignment of credit. However, Z Corp. did not acquire a right to sue in his own name.69

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