BESSIE ANN E.

GONZALES BSBA OM 3B

CASE 1

1. B. P 800,000
Common Properties
During marriage
Realized gain on property (P1,500,000-P1,000,000) P 500,000
Unrealized gain on property (P1,800,000-P1,500,000) 300,000
Total P 800,000

2. D. P 1,800,000
Common Properties
Before marriage
Agricultural land P 1,000,000

During marriage
Realized gain on property (P1,500,000-P1,000,000) P 500,000
Unrealized gain on property (P1,800,000-P1,500,000) 300,000 P 800,000
Total
P 1,800,000

CASE 2

3. A. P 0

4. A. P 0

5. D. P 4,780,000
Common Properties
Before marriage
Salary savings – Mr. Boneti P 2,000,000
Salary savings – Mrs. Boneti P 1,500,000

During marriage
Income from savings – Mr. Boneti P 200,000
Income from savings – Mrs. Boneti 180,000
Income from own labor – Mr. Boneti 400,000
Income from own labor – Mrs. Boneti 500,000
Total P 4,780,000
6. C. P 4,780,000

Exclusive property of Mr. Boneti P0

Common property of Mr. and Mrs. Boneti 4,780,000
Gross estate P 4,780,000

7. C. P 2,000,000
Separate Properties
Before marriage
Salary savings - Mr. Boneti P 2,000,000
Total P 2,000,000

8. C. P 1,500,000
Separate Properties
Before marriage
Salary savings – Mrs. Boneti P 1,500,000
Total P 1,500,000

9. B. 1,280,000
Common properties
During marriage
Income from savings – Mr. Boneti P 200,000
Income from savings – Mrs. Boneti 180,000
Income from own labor - Mr. Boneti 400,000
Income from own labor – Mrs. Boneti 500,000
Total P 1,280,000

10. A. P 3,280,000

Exclusive property of Mr. Boneti P 2,000,000

Common property of Mr. and Mrs. Boneti 1,280,000
Gross estate P 3,280,000
CASE 3

11. C. P 850,000
Separate properties (Lovely
Total properties (before marriage) P 400,000
Inheritance and donations received 450,000
Total P 850,000

12. B. P 4,500,000

Separate properties (Andy)

Total properties (before marriage) P 4,000,000
Inheritance and donations received 500,000
Total P 4,500,000

13. B. P 2,980,000
Common properties
Lovely Andy
During marriage
Income from separate industry P200,000 P2,000,000 P 2,200,000
Income of properties brought to the marriage 80,000 700,000 780,000
Total P 280,000 P 2,700,000 P 2,980,000

14. C. P 3,830,000

Exclusive property of Lovely P 850,000

Common properties of Lovely and Andy 2,980,000
Gross estate P 3,830,000

15. B. P 450,000
Separate properties (Lovely)
Inheritance and donations received P 450,000
Total P 450,000

16. D. P 5,200,000
Separate properties (Andy)
Total properties P 4,000,000
Income of properties brought to the marriage 700,000
Inheritance and donations received 500,000
Total P 5, 200,000
17. A. 2,680,000
Common properties
Lovely Andy
Before marriage
Total properties P 400,000 P0 P 400,000

During marriage
Income from separate industry 200,000 2,000,000 2,200,000
Income of properties brought to the marriage 80,000 0 80,000
Total P 680,000 P 2,000,000 P 2,680,000

18. A. P 3,130,000

Exclusive property of Lovely P 450,000

Common properties of Lovely and Andy 2,680,000
Gross estate P 3,130,000

CASE 4

19. D. 700,000
Separate properties (Mr. Cornelius)
Properties acquired before marriage
Properties for exclusive use P 20,000
Other properties acquired 280,000
Total P 300,000

Properties acquired during marriage

Inheritance properties P 400,000
Total P 700,000

20. C. P 800,000
Separate properties (Mrs. Cornelius)
Properties acquired before marriage
Properties for exclusive use P 30,000
Other properties acquired 470,000
Total P 500,000

Properties acquired during marriage

Inheritance properties P 300,000
Total P 800,000
21. A. P 1,000,000
Common properties
Mr. Cornelius Mrs. Cornelius
Properties acquired during marriage
Properties for exclusive personal use P 30,000 P 40,000 P 70,000
Properties from own industry 290,000 500,000 790,000
Fruit of donated/inherited property 80,000 60,000 140,000
Total P 400,000 P 600,000 P 1,000,000

22. B. P 1,700,000

Exclusive property of Mr. Cornelius P 700,000

Common properties of Mr. and Mrs. Cornelius 1,000,000
Gross estate P 1,700,000

23. C. P 530,000
Separate properties Mr. Cornelius
Properties acquired before marriage
Properties for exclusive use P 20,000

Properties acquired during marriage

Properties for exclusive personal use P 30,000
Inherited properties 400,000
Fruit of donated/inherited property 80,000 P 510,000
Total P 530,000

24. B. P 430,000

Separate properties Mr. Cornelius

Properties acquired before marriage
Properties for exclusive use P 30,000

Properties acquired during marriage

Properties for exclusive personal use P 40,000
Inherited properties 300,000
Fruit of donated/inherited property 60,000 P 400,000
Total P 430,000
25. C. P 1,540,000
Common properties
Mr. Cornelius Mrs. Cornelius
Properties acquired before marriage
Other properties acquired P 280,000 P 470,000 P 750,000

Properties acquired during marriage

Properties from own industry 290,000 500,000 790,000
Total P 570,000 P 970,000 P 1,540,000

26. C. P 2,070,000

Exclusive property of Mr. Cornelius P 530,000

Common properties of Mr. and Mrs. Cornelius 1,540,000
Gross estate P 2,070,000