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Business law SITUATION ANALYSIS Read and analyze the following situations. Write your answers on the spaces provided. (10 items x 2 points) Situation 1. S
Business law
SITUATION ANALYSIS Read and analyze the following situations. Write your answers on the spaces provided. (10 items x 2 points) Situation 1. S sold to B 2,000 square meters of land situated in Rizal at P200 per square meter. On the date of delivery, S delivered 2,200 square meters instead of 2,000. What are the rights of B? Situation 2. S sold to B a lot measuring 1,000 square meters for a lump sum price of P200,000. The boundaries were stated in the contract, but it actually contained 1,250 square meters. Can S ask for an increase in the price? Why? 3. Suppose S refused to deliver the 250 square meters, what are the rights of B? Situation 3. S sold a parcel of land to B on January 15. The same land was sold by S to Z on January 20. No one registered the sale. Who is the owner of the land? Justify your answer. 6. Suppose on January 21, B took actual possession, and Z registered the sale. Who is the owner? Justify your answer. 7. Suppose on January 21, B took actual possession of the land. Z registered the sale on the same date but did not know about the sale between S and B. Who is considered the owner? Justify your answer. 8. Situation 4. S sold to B a specific watch on January 15. The same watch was sold by S to Z on January 20. Z took actual possession of the watch. Who is the owner of the watch? Justify your answer. 9. Assuming that Z took actual possession and had knowledge of the sale between S and B, who would be the owner? Justify your answer. 10Step by Step Solution
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