Sales : Part One Write true, only if the statement is absolutely true. If not, write false. 1. A thing is determinate when it is particularly designated. 2. The ownership of the thing sold shall be transfer red to the vendee upon the delivery thereof. 3. When adverse possession had been commenced before the sale but the prescriptive period is completed aft er the transfer, the vendor shall not be liable for evic tion. 4. If two or more animals are sold together, whether for a lump sum of for a separate price for each of them, the redhibitory defect of one shall only give rise to its redhibi tion, and not that of the others. 5. For a contract of sale to be valid, the object must be determinate. 6. The price may be in a currency not legal tender h ere in the Philippines. 7. Sellers are liable for breach of warranty. 8. The vendee shall owe interest for the period between the delivery of the thing and the payment of the pric e. 9. Possessory lien and the right of stoppage in tran sit may be exercise by the unpaid seller at the same time. 10. Goods are considered no longer in transit if t he carrier refuses to deliver the goods to the buyer or his agent. Part Two: Multiple choice. Choose the best answer. Lette r only. 1. When the goods are delivered to the buyer, the ownership passes to the buyer upon delivery. a. Sale on approval b. Sale on return c. Sale on trial d. Contract to sell 2. It is an affirmation of fact or any promise by the seller relating to the thing which has a natural tendency to induce the buyer t purchase the same, relying n such promis e or affirmation. a. Condition b. False representation c. Warranty d. Seller’s talk 3. S makes an offer to B on Jan 1, 1996. B ma kes known his acceptance in a letter sent on Jan 2, and received by S on Jan 10. Meantime, on Jan 5 S became insane. a. The contract is voidable because one of the party is insane b. There is already meeting of the mi nds, the contract is perfected c. The contract is unenforceable d. There is no contract. 4. G was appointed as guardian of S, the latter being 16 years old. S sold his parcel f land valued at P1 00k for P65k. what is the status of the contract. a. Recissible b. Unenforceable c. Enforceable d. Voidable
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Sales : Part One
Write true, only if the statement is absolutely true. If not, write false.
1. A thing is determinate when it is particularly designated.
2. The ownership of the thing sold shall be transferred to the
vendee upon the delivery thereof.
3. When adverse possession had been commenced before the
sale but the prescriptive period is completed after the
transfer, the vendor shall not be liable for eviction.
4. If two or more animals are sold together, whether for a lump
sum of for a separate price for each of them, the redhibitory
defect of one shall only give rise to its redhibition, and not
that of the others.
5. For a contract of sale to be valid, the object must be
determinate.
6. The price may be in a currency not legal tender here in the
Philippines.
7. Sellers are liable for breach of warranty.
8. The vendee shall owe interest for the period between the
delivery of the thing and the payment of the price.
9. Possessory lien and the right of stoppage in transit may be
exercise by the unpaid seller at the same time.
10. Goods are considered no longer in transit if the carrier
refuses to deliver the goods to the buyer or his agent.
Part Two: Multiple choice. Choose the best answer. Letter only.
1. When the goods are delivered to the buyer, the ownership
passes to the buyer upon delivery.
a. Sale on approval
b. Sale on returnc. Sale on trial
d. Contract to sell2. It is an affirmation of fact or any promise by the seller relating
to the thing which has a natural tendency to induce the buyer
t purchase the same, relying n such promise or affirmation.
a. Condition
b. False representationc. Warranty
d. Seller’s talk3. S makes an offer to B on Jan 1, 1996. B makes known his
acceptance in a letter sent on Jan 2, and received by S on Jan
10. Meantime, on Jan 5 S became insane.
a. The contract is voidable because one of the party is
insane
b. There is already meeting of the minds, the contract is
perfected
c. The contract is unenforceable
d. There is no contract.4. G was appointed as guardian of S, the latter being 16 years
old. S sold his parcel f land valued at P100k for P65k. what is
the status of the contract.
a. Recissible
b. Unenforceablec. Enforceable
d. Voidable
5. Which of the following obligations of the vendor cannot be
waived.
a. To allow the buyer to examine the goods sold.
b. To transfer ownership to the buyer.c. To pay the expenses of the deed of saled. To warrant the thing sold.
6. When the delivery takes place by the mere consent or
agreement of the contracting parties as when the vendor
merely points to the thing sold which shall thereafter be at
the control and disposal of the vendee if the thing sold cannot
be transferred to the possession of the vendee at the time of
the sale, delivery is effected:
a. By actual deliveryb. By tradition longa manu
c. By tradition brevi manu
d. Constitution possessorium7. Lucy is a lessee of a store in a shopping mall. She orally sells/
assigns his right to Salome. She then allows Salome to occupy
the stall. The delivery here is called:
a. Quasi-traditionb. Actual deliveryc. Traditio longa manu
d. Tradition brevi manu
8. Ownership of the thing sold transferred/acquired/retained:a. Retained by the seller in “sale in return”b. Transferred to the buyer upon the constructive or actual
delivery of the thing sold
c. Acquired by the buyer upon perfection of the contractd. Transferred to the buyer upon acceptance of the price
9. Which of the following statements is correct?
a. in a contract of sale the full payment of the price is in
the nature of suspensive condition in that the seller is
obligated to transfer ownership of the thing upon
payment
b. The seller need not be the owner of the thing sold at theperfection of the sale
c. There may transfer of ownership over the thing even if
the seller has delivered the thing sold to the buyer (im
not sure if this is accurate).
d. In a contract of sale the buyer becomes the owner of the
thing sold upon the payment of the purchased price.
10. Which of the following statement is not correct?
a. Actual delivery of the thing or payment of the price is
not required for the perfection of the sale.
b. A stipulation that even when the object is delivered tothe buyer, ownership shall not pass until the price is fully
paid is not valid.
c. A sale is consummated upon the delivery of the thing
and the payment of the purchase price.
d. Sales through letter or telegrams are deemed perfected