The following items pertain to either emptio rei sperati or emptio spei.

I.

The sale of a future thing.

II.

The sale of hope or expectancy.

III.

The sale of a present thing.

IV.

The thing sold must come into existence.

Based on the above information, which of the following is correct?

a.

Items I and II pertain to emptio rei sperati.

b.

Items II and III pertain to emptio spei.

c.

Items II and III pertain to emptio rei sperati.

d.

Items III and IV pertain to emptio spei