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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. Suppose in the above problem, B wants to buy the motorcycle for P12,000. What is the effect?
  3. On November 15, 2020, A sold to B his one and only car for P200,000 to be delivered and paid on November 30, 2020. Is there a perfected contract between A and B? When is the contract perfected?
  4. X asked Y if he can borrow his car next week and the former agreed. Is the contract perfected between X and Y? Explain.

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