Leni bought a Hilux pick-up truck from the warehouse of BBM for 2.5 million pesos. The terms of the payment shall be 50% down on February 10, 2022, and the remaining 50% balance shall be payable on February 22, 2022. Leni paid the remaining balance on February 22, 2022. BBM on the underhand undertook to deliver the Hilux pick-up truck on February 24, 2022, to Naga City. The Hilux pick-up truck was loaded on the Isko RORO vessel. In the middle of the vessel's voyage, typhoon Lacson struck the vessel and it sunk. Answer the following questions:

1. Can Leni demand from BBM to fulfill his obligation of delivering the Hilux pick-up truck? Explain

2. Can BBM validly refuse to deliver? Explain *

3. Who owns the Hilux pick-up truck that sunk? Explain. *