Question
1.Don Eliseo, father of Armando, owned two (2) parcels of land consisting of 500 sq. m. and 451 sq. m. located at Antipolo City. The
1.Don Eliseo, father of Armando, owned two (2) parcels of land consisting of 500 sq. m. and 451 sq. m. located at Antipolo City. The two (2) parcels of land were sold to Honrado at P 1,000,000.00 and P 750,000, respectively. Armando, contending that the contract price for the two (2) parcels of land was grossly inadequate, tried to negotiate with Honrado to increase the purchase price. When Honrado refused, Armando then filed a complaint for annulment of sale. Honrado alleged that the contract of sale was null and void on the ground that Don Eliseo, at that time, already has senile dementia. Honrado, on the other hand, contended that Armando had effectively ratified both contracts of sales, by receiving the consideration offered in each transaction.
a.What is the status of the contracts?
b.What remedy does Armando have, if any?
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