Question
45.B1 Company bought out a competitor, B2 Corporation, with a stipulation that B2 Corporation should not thereafter engage in any business in the Philippines unless
45.B1 Company bought out a competitor, B2 Corporation, with a stipulation that B2 Corporation should not thereafter engage in any business in the Philippines unless consented to and approved by B1 Company.
Group of answer choices
The stipulation is defective but subject to ratification.
The stipulation is valid because the parties are free to enter into any stipulation, terms and conditions such as this one.
The stipulation is unenforceable as there was no showing that the sale as done in writing
The stipulation is void because it is contrary to public policy.
46.A judicial relation known as Negotiorum Gestio takes place.
Group of answer choices
When a person voluntarily takes charge of another's abandoned business or property without the owner's consent.
When something is received and there is no right to demand it and it was delivered through mistake.
When a person is appointed by a court to take the property or business of another.
None of the above.
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