Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

S sold a parcel of land to B for P240,000 payable in installments of P20,000 a year. The land was delivered to B who obtained

S sold a parcel of land to B for P240,000 payable in installments of P20,000 a year. The land was delivered to B who obtained ownership thereof. After B had paid P200,000, he could no longer continuing paying in view of financial reverses but he was willing to pay the balance of P40,000 if given more time. Thereupon, S sued for recission under Article 1911. If you were the judge, would you grant recission?

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

Tort Law

Authors: Kirsty Horsey, Erika Rackley

7th Edition

019886776X, 978-0198867760

More Books

Students also viewed these Law questions

Question

What are the outcomes the client wants?

Answered: 1 week ago

Question

What has been done before?

Answered: 1 week ago