Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A offers to sell his one and only motorcycle for P15,000 and B agrees to buy it for said amount. Is the contract perfected? Explain.

  1. A offers to sell his one and only motorcycle for P15,000 and B agrees to buy it for said amount. Is the contract perfected? Explain.
  2. A offers to sell his car to B for P200,000. B tells A that he is buying it for P150,000. Is there a contract between A and B? Explain.
  3. A offers to sell to B his old laptop for P5,000 and gives B three days to decide whether to buy or not. The next day, a sold the laptop to W without informing B. Is A liable for damages? Explain.

The answers should be based on the Law of Contracts and Obligation in the Phillippines.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Ray Garrison, Eric Noreen, Peter Brewer

17th Edition

1260247783, 978-1260247787

More Books

Students also viewed these Accounting questions