1. Nate sold his motor vehicle to Steve who bought it for P200,000. It turned out however, that Nate has 2 motor vehicles: Toyota valued at P230,000 and Lancer valued at P220,000. Which is correct?

a. There is no contract of sale between Nate and Steve

b. The parties may ask for interpretation or reformation

c. The parties can ask for annulment of the contract

d. Steve may choose between the Toyota or Lancer

2. Where the seller of the goods has a voidable title thereto, but his title has not been avoided at the time of the sale, the buyer acquires title to the goods. Such acquisition of the title has the following requisites, except:

a. buyer must have bought the goods in good faith

b. buyer must have bought them for value

c. buyer bought them without notice of the seller's defect of title

d. party from whom the seller obtains the goods must ratify the sale