Topic: Law on sales, agency, and credit transactions

Please answer the following questions. Thank you

Question 34

Mars stole a ring belonging to Venus. Subsequently, the ring was offered for sale at a public auction where Mercury , who was not aware that the ring was stolen, bought it. A few weeks later, Venus saw the ring and recognized it as hers. Based on the foregoing information, which of the following statements is correct?

Group of answer choices

Venus may no longer the ring even if he is willing to reimburse Mercury.

Mercury did not acquire title to the ring since the auctioneer had no valid title thereto.

Venus may recover the ring from Mercury without reimbursing Mercury since Venus was unlawfully deprived of the ring.

Venus may recover the ring from Mercury but he has to reimburse Mercury since Mercury acquired title to the ring.

Question 35

This is a stipulation in pledge or mortgage providing that ownership of the thing given as security will pass to the pledgee or mortgagee upon default of the debtor.

Group of answer choices

Legal subrogation

Redemption

Constitutum possessorium

Pactum commissorium

Question 36

I. If the buyer is justified in refusing to accept the goods, he shall be obliged to hold the goods as depositary.

II. The buyer is obliged to pay the interest on the price of the goods for the period between the delivery of the goods and the payment of the price if the thing sold produces fruits or income.

Group of answer choices

Only Statement II is true.

Both statements are false.

Only Statement I is true.

Both statements are true.