front 1 As a rule, this contract of sale involving a piece of land is
void, | back 1 Between husband and wife |
front 2 X, 17 years old, sold to Z, of legal age, her necklace worth P20,000
for P15,000. Later, Z | back 2 If Y is in bad faith, Y becomes the owner of the necklace upon delivery to him but his title is voidable. |
front 3 This serves as a proof of the perfection of the contract of
sale | back 3 Arras |
front 4 A contract of sale is not a(an) | back 4 Accessory contract |
front 5 Warranty against hidden defects is | back 5 A natural element |
front 6 When a sale of a piece of land or any interest therein is through an
agent, the authority of the | back 6 Void |
front 7 The sale of an expected thing D. Emptio rei-speratae | back 7 Emptio rei-speratae |
front 8 The sale of the hope itself | back 8 Emptio spei |
front 9 One of the following is not correct | back 9 A thing is generic when it is particularly designated or physically
segregated from |
front 10 X needs a size of 10 of model 101 of Leather Shoes regularly
available to the public for her | back 10 First is a contract of sale second is a contract for a piece of work |
front 11 V offered to sell for P12,000,000 her house and lot to DD who was
interested in buying the | back 11 DD cannot compel V to accept the P12,000,000 first offered |
front 12 If the object of the contract is specially made or manufactured at
the specific order of A. English rule | back 12 Massachusetts rule |
front 13 If the article already exists and subsequently acquired by another,
it is a contract of sale, and | back 13 New York Rule |
front 14 If the material used in the manufacturer of the article is more
valuable, it is a contract of sale, and if the labor or skill is more
valuable than the material used in the manufacture of | back 14 English Rule |
front 15 The rule observed in the Philippines is | back 15 Massachusetts rule |
front 16 The Realty Installment Buyer Protection Act applies to all
transactions involving the sale or | back 16 Sale of residential condominiums |
front 17 Delivery by merely pointing to the object of sale if it cannot be
delivered to the vendee at the | back 17 Traditio longa manu |
front 18 Effected when the object of sale is already in the possession of the
vendee at the time of sale | back 18 Traditio brevi manu |
front 19 When the owner of the thing sells it to vendee, but continues to have
possession or | back 19 Traditio constitutum possessorium |
front 20 Goods are deemed in transit D. When the carrier or bailee, upon arrival of the goods at
destination acknowledges to the | back 20 From the time they are delivered by the seller to a common carrier or
other bailee |
front 21 Goods are deemed no longer in transit | back 21 If the carrier or other bailee wrongfully refuses to deliver the
goods to the buyer or |
front 22 X sold to V orally a parcel of land for P200,000. X effected the
delivery of the land. The | back 22 X can collect from V because the contract has already been executed |
front 23 On January 15, 2010, X sold for P2M her house and lot to V. It was
agreed that delivery of | back 23 X must still deliver the lot but is excused from delivering the
house, while V must |
front 24 If immovable property should have been sold to different vendees, the
ownership shall be | back 24 Who in good faith first recorded it in the Registry of Property |
front 25 Using the preceding number, if movable property, it shall belong to
the person | back 25 Who have first taken possession in good faith |
front 26 Action by the vendee against the vendor to nullify the sale due to
some vices or defects | back 26 Redhibilitory action |
front 27 Action to seek a corresponding reduction in price by reason of some
vices or defects in the | back 27 Accion quanti minoris |
front 28 The redhibitory action based on the faults or defects of animals must
be brought within | back 28 40 days from delivery to the vendee |
front 29 In contract of sale, if the price is absolutely simulated, the sale
is | back 29 Void |
front 30 In a contract of sale, of personal property, the price of which is
payable in installments, the | back 30 Rescind the sale should the vendee fail to pay any installment. |
front 31 The right of the seller to stop goods in transit, upon discovering
that the buyer does not have | back 31 Right of stoppage in transit |
front 32 A sold to B a parcel of land for P3.8M. The sale is evidenced by a
memorandum of | back 32 B because he has got an older title |
front 33 Voluntary renunciation made by the buyer of his right to warranty
against eviction where in B. Waiver consciente | back 33 Waiver consciente |
front 34 Using the preceding number, where the seller is no longer
liable | back 34 Waiver intentionada |
front 35 A contract of sale whereby the seller acquires the right to redeem or
repurchase the object of | back 35 Pacto de retro sale |
front 36 A sold to B his car and promised to deliver ten days later. The next
day, after the sale to B, | back 36 A is liable to B for damages and is in default without need of any demand |
front 37 X sold to V her Yamaha organ. It was agreed that X would fix the
price a week later. At the | back 37 Yes, because the price fixed by one of the parties was accepted by the other |
front 38 Not an implied warranty in a contract of sale | back 38 Right to sell the thing at the time of perfection of the contract |
front 39 After the death of C, A, C’s son, sold his inheritance though its
amount has not yet been | back 39 The contract is valid even though the inheritance to be turned over
to B is less than |
front 40 X stole a fountain pen from P and sold it to Z Merchandise, a “store
for pens”, which paid for A. C cannot be considered as the owner because the original seller
(X) is not the real owner. | back 40 C became the owner because he purchased the pen from a merchant store |
front 41 When goods are delivered to the buyer on “sale or return” for period
of seven days, | back 41 Upon delivery of the goods |
front 42 Quasi-traditio is equivalent to | back 42 Execution of a public instrument |
front 43 Vi imported radios from Taiwan and asked for 220 volts radios. The
radios arrived clearly | back 43 Vi is liable to the vendees for any hidden defects even though he is not aware. |
front 44 If the redemption is to be made by the seller, one of the following
need not be given to the | back 44 Interest on the price of the sale |
front 45 Not an element of the sellers right of stoppage in transit | back 45 The seller must be in possession of the goods |
front 46 A sold his only car to B for P300,000 to be paid as follows: P150,000
upon delivery of the C. Yes, but A must give another car to B because of the principle
“genus nunquam perit” or | back 46 D. Yes, because the principle “res perit domino” or the thing perishes with the owner. |
front 47 A, B and C are co-owners of an undivided parcel of land, A sold his
1/ 3 interest to B | back 47 C cannot exercise the right of redemption because the sale was made
in favor of a |
front 48 A, B and C are co-owners of an undivided parcel of land, A sold his
1/ 3 interest to B | back 48 Both B and C |
front 49 Which of the following cannot be the object of a contract of
sale? | back 49 Future Inheritance |
front 50 A offered for sale to B 20 cavans of wagwag rice and fixed the price
per cavan at P10 over | back 50 Certain because it has got reference to another thing which is certain |
front 51 X sold his motor vehicle to V who bought it for P200,000. It turned
out however, that X has | back 51 There is no contract of sale between X and V |
front 52 X offers to V 100 electric fans for P80,000 payable in 60 days with
12% interest per annum. | back 52 There is no contract yet between X and V because V made a counter offer |
front 53 X owns 50 mango trees bearing fruits, ready for harvest. She told all
the fruits of all the trees | back 53 Traditio longa manu |
front 54 X sold her specific car to V for P200,00 payable in 5 equal
installments. X delivered the car | back 54 X cannot recover the deficiency even if there is stipulation to the contrary |
front 55 Ownership of the thing sold is | back 55 Transferred to the buyer upon constructive or actual delivery of the thing sold |
front 56 X sold his horse to Y for P40,000. No payment has yet been made and
the sales document | back 56 Y is entitled to the baby horse which was born after the perfection of the contract |
front 57 A contract of sale is in the stage of conception when | back 57 Negotiations are in progress |
front 58 A seller sold to a buyer a piece of jewelry at a price of P25,000.
The contract provides that | back 58 Sale |
front 59 X, the guardian of V, sold V’s house and lot worth P480,0000 for
P430,000 | back 59 The contract can be rescinded because of inadequacy of price |
front 60 X leased to V a 5 Freezer for two years at a lease rental fee of
P1,000 per month and signed | back 60 When X took possession of the freezer, he has no further action against V |
front 61 X sold his car to Z for P60,000. No date was fixed for the
performance of the obligation of | back 61 To deliver the car only after Z pays the P60,000 |
front 62 I. The vendor need not be the owner at the time the sale is
perfected. It is sufficient that he is | back 62 First statement is true, second statement is false. |
front 63 I. There may be a contract of sale of goods, whose acquisition by the
seller depends upon a | back 63 First statement is true, second statement is false. |
front 64 I. If the price is grossly inadequate, the sale is void. | back 64 Both statements are false |
front 65 I. Earnest money and option money both apply to perfected
sale. A. First statement is true, second statement is false. | back 65 Both statements are false |
front 66 I. Should the vendee’s failure to pay, cover two or more
installments, the vendor may | back 66 First statement is false, second statement is true. |
front 67 I. The ownership of the thing sold shall be transferred to the vendee
upon perfection of the | back 67 Both statements are false |
front 68 I. The husband and the wife cannot sell property to each other, as a
rule. | back 68 Both statements are true. |
front 69 I. The expenses for the execution and registration of the sale shall
be borne by the vendee, | back 69 Both statements are false |
front 70 I. Any stipulation exempting the vendor from the obligation to answer
for eviction shall be B. First statement is false, second statement is true. | back 70 Both statements are false |
front 71 I. If the animal sold should die within three (3) days after its
purchase, the vendor shall be | back 71 First statement is false, second statement is true. |
front 72 I. Option money is considered as part of the purchase price while
earnest money is not. | back 72 Both statements are false |
front 73 I. If two or more animals are sold together, whether for lump sum or
for a separate price for | back 73 First statement is false, second statement is true. |
front 74 I. The ownership in the thing shall not pass to the purchaser until
he has fully paid the price. | back 74 Both statements are false |
front 75 I. Where the seller of goods has a voidable title thereto, but his
title has not been avoided at D. Both statements are false | back 75 First statement is true, second statement is false. |
front 76 I. Unless otherwise agreed, the buyer of goods is not bound to accept
delivery thereof by | back 76 First statement is true, second statement is false. |
front 77 The creditors of the vendor cannot make use of the right of
redemption against the | back 77 First statement is true, second statement is false. |