1. X wanted to have himself insured, but because he was afraid that he could not pass the medical examination, he had another person examined in his place.

Can the insurance company annul the contract of insurance? If yes, on what ground. Explain.

2. B, desiring to buy certain property, hired an expert to ascertain its true value. But the expert's opinion turned out to be wrong and B was, therefore misled.

May B ask for the annulment of the contract? Explain.

3. B bought a certain article from S. The article was needed for B's computer. S honestly but mistakenly assured B that the article was the proper object.

May the contract be annulled? Explain.

4. To defraud his creditor, A sold his property to B (who is in good faith). Later B sold the property to C, who is in bad faith.

May the creditor rescind, although the property is now in the possession of C?

5. S and B orally agreed that S would sell and B would buy S's radio for P400, twoyears from the date of the agreement. At the end of the two-year period, S refused to deliver the radio although B was willing to pay.

Can B enforce the contract? Explain.