Topic: Law on sales, agency, and credit transactions

Please answer the following questions. Thank you

Question 19

Where the seller of goods has a voidable title thereto, but his title has not been avoided at the time of the sale, the buyer acquires title to the goods. Such acquisition of title has the following requisites, except the:

Group of answer choices

Party from whom the seller obtained the goods must ratify the sale.

Buyer bought them without notice of the seller's defect of title.

Buyer must have bought the goods in good faith.

Buyer must have bought them for value.

Question 20

Santiago sells to Bermejo 500 sacks of rice at 1,000.00 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?

Group of answer choices

The sale is valid up to 480 sacks of rice but void as to the deficiency of 20 sacks of rice.

The sale is valid up to 480 sacks of rice but rescissible as to the deficiency of 20 sacks of rice by reason of damage suffered by Bermejo.

The sale is void since the quantity available is less than the quantity sold.

The entire sale is valid up to 500 sacks of rice. Bermejo becomes the owner of the whole stock available and Santiago must deliver the deficiency of 20 sacks of rice.