Question

Case 1S offered in writing to sell his house and lot for P1,000,000 to B on January 20, 2017. B

requested to give him one month to raise the amount. On January 25, 2017, S informed B

that he has raised the price to P1,200,000. Can B compel S to accept the payment of

P1,000,000 for the sale of the house and lot?

Case 2

A sold to B orally a parcel of land for P300,000. Delivery and payment were to be made

after six months. When the said date arrived, A refused to deliver the land. Can B compel A

to deliver?

Case 3

Santiago sells to Bermejo 500 sacks of rice at P1,000 per sack from the stock then

stored in the warehouse of Santiago. Unknown to the parties, the warehouse contains only

480 sacks of rice. What is the status of the contract between Santiago and Bermejo?

Case 4

S and B entered into a contract whereby S transferred to B a specific car for the price of

P200,000, while B gave to S P90,000 in cash and a diamond ring worth P110,000. The

heading of the written contract signed by the parties reads "Contract of Sale". Is the contract

between S and B valid?

Case 5

S orally offered to sell a certain diamond ring to B for P50,000. B accepted the offer and

to prove that he was in earnest, he gave S P1,000. The parties agreed that the delivery of

the ring and the payment of the price would be made 30 days later. On due date, how much

S can collect from B?