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Can you help me to answer these questions? Thank youuu Mico transferred to Santi a parcel of land for the price of P100,000, P30,000 to
Can you help me to answer these questions? Thank youuu
- Mico transferred to Santi a parcel of land for the price of P100,000, P30,000 to be paid in cash and for the difference, he will convey her car worth P70,000. What kind of contract is this?Why?
- When is an unpaid seller is not entitled to retain possession of the goods?
- X stole a fountain pen from "O" and sold it to a Bazaar who pays for it in good faith, not knowing it was stolen. The Bazaar then sold it to B, a student.Did the student acquired the ownership of fountain pen even if it is stolen?Why?
- In a contract of sale of a specific mare dated September 8, 2019, seller S was obliged to deliver to the buyer the mare on October 31, 2019. A week before the due date, the mare gave birth to a colt. To whom does the cold belong?Why?
- When goods are delivered to the buyer on "sale or return" for a period of 10 days.What is "sale or return?Who bears the risks of loss? When will the ownership of the goods pass to the buyer ?
- S sold to B a specific refrigerator for a price of P10,000. It was stipulated in the contract that B will pay only P6,000, and for the difference B will convey a specific television valued P4,000. What is the nature of the contract?
- On January 10, 2020, S sold a piece of land to B in a public instrument. On January 11, 2011, B paid for the price. On January 12, 2008, B took possession of the land. On January 13, 2008, B registered he pubic instrument. Under the circumstances given, when did B become the owner of the land? Why?
- S sold to B a parcel of land for a lump sum (LSP) of P50,000. The contract states that the area is 500 square meters. Subsequently, it was ascertained that the area included within the boundaries is really 550 square meters.Who is entitled to the excess of 50 square meters?Why?
- In the preceding question, if the land contains 445 square meters, which of the following is correct?Is the buyer entitled to a proportionate reduction of the price?Why?Can the sale be rescinded?
- What is legal redemption?Give examples of legal redemption?What is the period of legal redemption?
- What is an equitable mortgage?Give examples of legal redemption.
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