Mr. F made a unilateral promise to sell to Mr. G a parcel of land at a price of P2,500,000. Mr. G paid P20,000 in consideration of such promise in the condition that Mr. F will not sell the land to others for sixty(60) days. Under these circumstances:

Statement 1: A contract of sale is separate and distinct from a contract of option.

Statement 2: A contract of option presupposes the existence of a perfected contract of sale

The consummation of a contract of sales occurs when:

In expropriation, which of the following essential requisite for a contract of sales is absent?

Which of the following is a valid contract of sale?

As a general rule, a sale of a mere hope or expectancy is:

Mr. F a farmer entered into a contract of sale with Ms. W , a rice miller, in January. The object of the contract is Mr. F's harvest for the year. Mr. F expects to harvest rice in August. Is the contract valid?

Sale of fake lottery ticket is:

Mr. D is the defendant in a civil case where Ms. P , the plaintiff, is seeking the recovery of P200,000. Ms. P prayed for the provisional remedy of a preliminary attachment over Mr. D's car to satisfy any favorable judgment to Ms. P. A few days before the set hearing, Mr. D sold the car to Ms. B. Is the sale valid?

Ms. S is the owner of 50 kilograms of sugar located in a warehouse. Ms. S sold 25 kilograms to Ms. B. Which of the following is a correct statement as to the effect of the sale?

Statement 1: As a general rule, inadequacy of price does not affect a contract of sale's validity.

Statement 2: When there is no price agreed upon, the sale is voidable.

Which of the following is a characteristics of an earnest money?

A contract of sale is not a/n?

A and B entered into a contract of sale where A sold his car to B on installment basis for P1,000,000, payable quarterly for three(3) years. The contract of sale was perfected on November 1,2020 and the car was delivered on January 1,2021. The first quarterly payment was made on January 1, 2021. The ownership of the vehicle remained with A. The ownership will transfer to B only upon payment of half of the installments. However, just three installments after, the car was lost through storm. In the absence of any stipulation in the contract of sale, is B required to pay the remaining installments?

Gigi is the operator of a merchant's syore. Harry bought a cellphone in Gigi's merchant's store. Subsequently, Jane whose phone had been recently stolen, saw Harry's cellphone. After examining the phone, Jane concluded that it was the cellphone that was stolen from her two weeks ago. Who is the rightful owner of the cellphone?

Jisoo entered into a contract of sale with Lisa involving a laptop currently owned by Rose. They signed the document evidencing the contract on January 1, 2021, when Rose was still the owner of the laptop. On January 15 of the same year. Rose donated the laptop to Jisoo. A week after, Jisoo delivered the laptop to Lisa, and Lisa paid the price in accordance with the contract of sale. What is the status of the contract of sales as to validity?

Statement 1: There can be transfer of ownership without delivery if there is a stipulation provided for such in the contract of sale.

Statement 2: In order to transfer ownership, delivery must always be actual and physical, and not constructive.

Chicana entered into a contract of sale of items of makeup with Angel Mapagmahal. The terms of the sale provide that Angel will make a down payment of 20% of the price, and the remaning 80% will be paid a month after delivery. Chicana was able to deliver the items of makeup. Which of the following statements is true?

Danaya entered into a contract of sale with Pirena over a parcel of land with fruit bearing trees on August 1, 2021. The price was paid by Pirena on September 1, 2021. The transfer of title was made on October 1, 2021. Actual occupation was made by Pirena on November 1, 2021. Which of the following statements is true?

The placae of delivery should be first at the place stipulated, then:

1. 1. Seller's place of the business

2. 2. Buyer's place of the business

3. 3. Seller's residence

4. 4. Usage of trade

Under a sale on approval or trial,

Aunt Julie and Macoy entered into a contract on a "sale or return" basic over some pieces of equipment. After delivery to Macoy, the thing was lost due to a fortuitious event. Macoy has not yet paid the purchase price. Who shall bear the loss?

Statement 1: Parties may agree when and on what conditions the ownership shall pass to the buyer other than by mere delivery.

Statement 2: Delivery of keys of the place or depositary where the movable is stored or kept is not a mode of constructive delivery.

It is defined as the delivery of movable property by mere consent or agreement, if the thing sold cannot be transferred to the possession of the buyer at the time of sale

Statement 1: Delivery to a common carrier is, as a general rule, is not tantamount to delivery to the buyer.

Statement 2: If the seller bears the expenses of transportation of the goods sold up to the FOB poin, then the seller assumes the risk of loss while the goods are in transit.

In this mode of delivery , seller continues to be in possession of the property sold not as owner but in some other capacity, like as tenant or lessee

A 1,000 square meter parcel of land located in Iloilo is owner by M. N sold the land to O under his own name on December 1, 2021. FIfteen days after, M sold the land to P. O was the first to take possession of the land on December 20, 2021. Who has the better right over the land?

In case of a double sale involving movable property, who among the following has preferred right?

Statement 1: If the seller delivers goods which are less than what was contracted, the buyer cannot reject the goods delivered.

Statement 2: If the seller delivers goods which are less than what was contracted, the buyer can accept and pay at the contract rate.

When the seller exercises his right of redemption, the seller is bound to pay all of the following, except:

It is defined as a statement or representation made by the seller contemporaneously and as part of the contract of sale, having reference to the character, quality, or the title of the goods, and by which he promises or undertakes to ensure that certain facts are or shall be as he then represents.

Statement 1: A breach of warranty affects the validity of the contract of sale.

Statement 2: A warranty must be stipulated in order to bind the parties.

Dealer's talk:

Jungkook, an expert in metals, bought 1,000 kilos of gold from Jimin for use in making furniture with the pure gold plating. Unknown to both Jungkook and Jimin, the bars of gold sold are not pure gold. When it was melted and molded into gold plates, the poor quality of the gold did not satisfy Jungkook. Is Jimin liable for breach of warranty against hidden defects?

It is the warranty that goods are reasonably fit for the general purpose for which the same are sold.

Andrew sold to Arthur five cows. Andrew will be liable to Arthur if:

Warranty against redhibitory defect applies in the sale of:

1. 1.Animals

2. 2.Plants

3. 3.Non-living things

Which of the following sale is void?

Daenerys bought a parcel of land from Cersei. A month after settling on the said parcel of land, it became the subject of dispute, putting in issue Cersei's and Daenery's title over the land based on a sale that occurred prior to Daenery's purchase. Is Cersei liable for breach of warranty against eviction?

In case there is a breach of an express warranty, what is the presciptive period to rescind the contract in the absence of any stipulation?

In the event that the buyer was totally evicted from the real property he bought from the seller, the buyer can demand from the seller the payment of:

Under the Recto Law, if the seller chooses the foreclosure of chattel mortgage, then

Before the remedy of cancellations of sale may be availed of by the seller under the Recto Law, how many installments mus have not been paid by the vendee?

Statement 1: Under the Recto Law, if the seller has chosen the remedy of specific performance, then the seller can still seek the remedy of recession.

Statement 2: Under the Recto Law, if the seller has chosen the remedy of specific performance, then the seller can still seek the foreclosure of the chattel mortgage.

Which of the following is outside of the coverage of Maceda Law?

Under the Maceda Law, the buyer who has paid at least two(2) years of installment may avail of the grace period:

Under the Maceda Law, if the buyer has paid less than two(2) years of installments, the grace period is at least:

During the grace period granted under the Maceda Law, the buyer can do any of the following, except:

Under the Maceda Law, if the buyer has already paid installments for seven(7) years, then the buyer has the right to the refund of cash surrender value amounting to:

Statement 1: Sale is not a mode of acquiring ownership.

Statement 2: Delivery is the operative mode that transfers ownership

A deed of sale where the stated consideration had not in fact been paid is:

The characteristics of a contract of sale are

1.Consensual

2. 2.Bilateral

3. 3.Onerous

4. 4.Principal

5. 5.Nominate

The incapacity of minors, demented persons, imbeciles, deaf and dumb, prodigals and civil interdictees in entering into contract of sale is:

If the property regime between husband and wife is the regime of separation of property, a sale by one spouse to another is:

A contract of sale between husband and wife entered into after a judicial separation of properties has been decreed is:

A guardian cannot acquire even at a public auction, either in person or through the mediation of another which property?

An executor or administrator cannot acquire even at a public auction, either in person or through the mediation of another which property?

A judge, justice, prosecuting attorney, or clerk of court cannot acquire even at a public auction, either in person or through the mediation of another which property?

For the thing to be a valid subject matter, it has to be:

For a right to be a valid subject matter, it must be :

If there is mere inadequacy of the price, the contract is:

If the parties really intended a donation or some other act or contract, the contract of sale is:

Where the price of the thing sold cannot be determined and the thing has been deliverd to and appropriated by the buyer, how much does the buyer have to pay?

What distinguishes earnest money from option money

Statement 1: If earnest money is paid, there is already a sale perfected.

Statement 2: If option money is paid, no sale is perfected yet.

The following sales must be in writing to be enforeable:

(1) sale of personal property at a price not less that P500

2. 2.sale of real property or an interest therein

3.sale of any property not to be performed within a year from the date thereof.

It refers to an agreement that dominion is reserved in favor of the seller until the full payment of purchase price

It refers to a delivery where the seller points out to buyer the things which are transferred

It refers to a delivery where the seller continues in possession but under a different title other than ownership

It refers to a delivery of rights, credits or incorporeal property, made by placing titles of ownership in the hands of the buyer and allowing buyer to make use of rights

Who is preferred in case of double sale of personal property?

What is the order of preference of the following in case of double sale of real property

1.registrant in good faith

2.possessor in good faith

3.person with oldest title in good faith

Who bears the risk of loss and deterioration of the thing sold before perfection?

The remedies of an unpaid seller are

1.possessor lien

2.stoppage in transitu

3.resale

4. 4.rescession

What is the effect of waiver of warranty against eviction if the seller is in bad faith?

What is the effect of waiver of warranty against eviction if the buyer has no knwoledge of a particular risl?

What is the effect of waiver of warranty against eviction if buyer has knowledge of risk of eviction and assumed its consequences?

It is refer to an action to procure the return of a part of the purchase price paid by the vendee to the vendor by reason of such defect

The prescription period to file an accion redhibitoria or accion quanti minoris is blank months fromt the date of delivery to the vendee

In redhibitory actions based on the faults or defects of animals, the period is blank days

The vendee is liable for interest on the price

1.should it have been stipulated

2.should the thing sold and delivered produce fruits or income

3.should he be in default, from the time of judicial or extra-judicial demand for the payment of the price

The vendee may suspend the payment of price

1. 1.should he be disturbed in the possession or ownership of the thing sold and

2. 2.should he have reasonable grounds to fear such disturbance by a vindicatory action or by a foreclosure of mortgage

Under Recto Law, the seller may ask for the rescission of the sale if buyer has failed to pay blank or more installments

Under the Recto law, if the seller choose to foreclose the chattel mortgage on the thing sold, blank

Statement 1: Under PD 957, no installment payment made by a buyer in a subdivision or condominium project for the lot or unit he contracted to buy shall be forfeited in favor of the owner or developer when the buyer, after due notice to the owner or developer, desists from further payment due to the failure of the owner or developer to develop the subdivision or conominium project according to the approved plans and within the time limit for complying with the same.

Statment 2: The rights of buyer in the event of his failure to pay the installments due for reasons other than the failure of the owner or developer to develop the project shall be governed by RA 6552

Under Maceda Law, if the buyer paid at least 2 years installment, he may pay the balance blank within a grace period of blank for every year of installment payment

Under Maceda law, if the seller cancels the sale and the buyer paid atleast 2 years installments, buyer is entitled to blank of what he has paid if after 5 years of installments, blank fo every year but not to exceed blank of total payments made

Under Maceda law, if the seller cancels the sale and buyer paid atleast 2 years installment, cancellation is effected blank days from notice and upon payment of cash surrender value

Under the Maceda law, if the buyer paid less than 2 years installment, the second grace period is blank days from notice of cancellation/demand for rescission