Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Don Eliseo, father of Armando, owned two (2) parcels of land consisting of500sq. m. and451sq. m. located at Antipolo City. The two (2) parcels of

Don Eliseo, father of Armando, owned two (2) parcels of land consisting of500sq. m. and451sq. m.

located at Antipolo City. The two (2) parcels of land were sold to Honrado at P1,000,000.00and

P750,000.00, respectively. Armando, contending that the contract price for the two (2) parcels of land

was grossly inadequate, tried to negotiate with Honrado to increase the purchase price. When Honrado

refused, Armando then filed a complaint for annulment of sale. Honrado alleged that the contract of sale

was null and void on the ground that Don Eliseo, at that time, already had senile dementia. Honrado,

on the other hand, contended that Armando had effectively ratified both contracts of sales, by receiving

the consideration offered in each transaction.

a. What is the status of the contracts of sale?

b. What remedy does Armando have, if any?

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

Law Express Tort Law

Authors: Emily Finch, Stefan Fafinski

8th Edition

129229549X, 978-1292295497

More Books

Students also viewed these Law questions