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Michelle signed a contract to sell her car to Neil for P500,000. Michelle's brother, Oscar, later asks Michelle not to sell it Neil because Neil
Michelle signed a contract to sell her car to Neil for P500,000. Michelle's brother, Oscar, later asks Michelle not to sell it Neil because Neil was courting Oscar's girlfriend. When Michelle found out what Neil had done, she refused to sell to Neil and sold the car to Rita (an innocent third party), instead. Because of this, Neil lost an opportunity to re-sell the car for a profit of P50,000. Does Neil have the right to recover the car or the amount he would have stood to gain from reselling the car? From whom? Philip is a laborer, on Monday, Quentin offers Philip P5,000 if he will fertilize the field on his farm before Friday. Philip said he would think about it. The next day, Quentin wakes up to find that Philip came to the field at dawn and fertilized the field while Quentin was sleeping. Does Quentin owe Philip any money? What is a simulated contract? What effect does it have on the validity of the contract? Which of these offers is NOT a serious and certain offer? O A. Do you think this pen is worth P1,000? O B. Would you like to buy this pen for P1,000? O C. I am selling this pen to you for P2,000 payable in 4 monthly installments. O D. If you want, you can buy this pen from me for P500
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