Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Today is Feb. 1, 2023. Mr. W wants Mr. X to be motivated into giving his best in to pass OBLICON, where he entered into

  1. Today is Feb. 1, 2023. Mr. W wants Mr. X to be motivated into giving his best in to pass OBLICON, where he entered into a contract with his bestfriend, obliging himself to give to X his only cow if Mr. X will pass OBLICON. One month later, badly needing money, X decided to sell to Y the only cow that W will give to him agreeing to Y to deliver that cow sometime in June where probably the results were already release, but Y is constrain now to 50k as purchase price, and further agreed to 2 months later, on April, sold it to Z ... bc of the fear that X may pass the exam Based on that agreement, Z effected payment and there is delivery of the cow by W Question: What will be the status of the sales made by X to Y, and W to Z considering that the cow is in the hands of Z. Who will be entitled to the cow And what actions will be available to the parties to X with respect to
  2. Q1: What will be the status of the sales made by X to Y and W to Z.
  3. Q2: Considering that the cow is now in the hands of Z. Who will be entitled to the cow? and what actions may be taken by the parties by virtue of the 2 contracts made by W in fasvor of Z and X in favor of Y?

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

Smith And Roberson Business Law

Authors: Richard A. Mann, Barry S. Roberts

18th Edition

0357364007, 978-0357364000

More Books

Students also viewed these Law questions