topic: sales

country: philippines

Statement 1. Art 1484 does not apply to the sale of personal property on straight terms, a sale on straight terms being one in which the balance, after the payment of the initial sum should be paid in its totality at the time specified.

Statement 2. In a sale on straight terms, the mortgagee-seller will atill be entitled to recover the unpaid balance

a.No. 1 is true, No.2 is false

b.Both are false

c.Both are true

d.No. 1 is false, No. 2 is true