11/22/23,g9:35gPM Rfbt-3-midterm-exam-aim-highgcompress
FIRST:gExceptgwhengthegunpaidgsellerghasgconsentedgthereto,ghisgrightgofgliengorgstoppagegin
g transitugisgnotgaffectedgbyganygsale,gorgothergdispositiongofgtheggoodsgwhichgthegbuyergmayg
haveg made.g SECOND:g Wheng noticeg ofg stoppageg ing transitug isg giveng byg theg sellerg tog theg car
rier,g orgother
baileegingpossessiongofgtheggoods,ghegmustgredelivergtheggoodsgto,gorgaccordinggtogthegdirectio
nsgof,g thegseller,gwhogshallgbeargthegexpensesgofgsuchgdelivery.
a. OnlygthegSECONDgisgtrue.
b. Bothgareg false.
c. Bothgaregtrue.
d. OnlygthegFIRSTgisgtru
e.g Feedback
Thegcorrectg answerg is:gBothgaregtrue.
Ifgthegmovablegpropertygshouldghavegbeengsoldgtogdifferentgvendees,gthegownershipgshallgbeg tr
ansferredgtogthegperson…
a. Whoginggoodgfaithg recordedgitging theg RegistrygofgProperty.
b. Whogpresentsgtheg oldestgtitleg inggoodg faith.
c. Whoghavegpaidginggoodgfaithg theg purchasegpriceg ing full.
d. Whoghavegfirstgtakengpossessionginggoodgfai
th.g Feedback
Thegcorrectganswerg is:gWhoghaveg firstgtakengpossessionginggoodgfaith.
Ingthisgtypeg ofgsale,gthegsalegisgeffectiveg evengifgtheg thingg hopedgforg doesgnotgcomegintogexistence:
a. Salegofgangunborngyounggofgang animal
b. Salegofg ag rafflegticketg forgcharity
c. Emptiogreig speratae
d. Salegofgfuturegharves
tg Feedback
Thegcorrectg answerg is:gSalegofg agrafflegticketg forgcharity
Theg stageg wheregpartiesg showgtheirg initialg interestgingenteringg agcontractgofg sale?
a. Birth
b. Conception
c. Perfection
d. Consummation
g Feedback
Thegcorrectganswerg is:gConception
1 1
about:blank 1/42
,11/22/23,g9:35gPM Rfbt-3-midterm-exam-aim-highgcompress
Stevegownsgagmangogtreegbearinggfruitsgreadygforgharvest.gHegsellsgallgthegfruitsgofgthatgtreegto
gBeng whogpaysgStevegthegsumgofgP5,000.gStevegtellsgBengthatghegcangjustgharvestgthegfruitsga
nytimegheg likesgpointinggatgthegparticulargtree.gForglegalgpurposes,gSteveghasgfulfilledghisgobli
gationgtogdeliverg thegmangogfruitsgtogBengby:
a. Traditioglongagmanu
b. Traditiogbrevig manu
c. Traditiogconstitutumgpossessorium
d. Traditiogsimbolica
FIRST:gExceptgwhengthegunpaidgsellerghasgconsentedgthereto,ghisgrightgofgliengorgstoppagegin
g transitugisgnotgaffectedgbyganygsale,gorgothergdispositiongofgtheggoodsgwhichgthegbuyergmayg
haveg made.gSECOND:gWhengnoticegofgstoppagegingtransitugisggivengbygthegsellergtogthegcarri
er,gorgotherg baileegingpossessiongofgtheggoods,ghegmustgredelivergtheggoodsgto,gorgaccordinggt
ogthegdirectionsgof,g thegseller,gwhogshallgbeargthegexpensesgofgsuchgdelivery.
a. OnlygthegSECONDgisgtrue.
b. Bothgareg false.
c. Bothgaregtrue.
d. OnlygthegFIRSTgisgtru
e.g Feedback
Thegcorrectg answerg is:gBothgaregtrue.
Ifgthegmovablegpropertygshouldghavegbeengsoldgtogdifferentgvendees,gthegownershipgshallgbeg tr
ansferredgtogthegperson…
a. Whoginggoodgfaithg recordedgitging theg RegistrygofgProperty.
b. Whogpresentsgtheg oldestgtitleg inggoodg faith.
c. Whoghavegpaidginggoodgfaithg theg purchasegpriceg ing full.
d. Whoghavegfirstgtakengpossessionginggoodgfai
th.g Feedback
Thegcorrectganswerg is:gWhoghaveg firstgtakengpossessionginggoodgfaith.
Ingthisgtypeg ofgsale,gthegsalegisgeffectiveg evengifgtheg thingg hopedgforg doesgnotgcomegintogexistence:
a. Salegofgangunborngyounggofgang animal
b. Salegofg ag rafflegticketg forgcharity
c. Emptiogreig speratae
d. Salegofg futureg harvest
1 1
about:blank 2/42
,11/22/23,g9:35gPM Rfbt-3-midterm-exam-aim-highgcompress
Feedback
Thegcorrectg answerg is:gSalegofg agrafflegticketg forgcharity
Theg stageg wheregpartiesg showgtheirg initialg interestgingenteringg agcontractgofg sale?
a. Birth
b. Conception
c. Perfection
d. Consummation
g Feedback
Thegcorrectganswerg is:gConception
Stevegownsgagmangogtreegbearinggfruitsgreadygforgharvest.gHegsellsgallgthegfruitsgofgthatgtreegto
gBeng whogpaysgStevegthegsumgofgP5,000.gStevegtellsgBengthatghegcangjustgharvestgthegfruitsga
nytimegheg likesgpointinggatgthegparticulargtree.gForglegalgpurposes,gSteveghasgfulfilledghisgobli
gationgtogdeliverg thegmangogfruitsgtogBengby:
a. Traditioglongagmanu
b. Traditiogbrevig manu
c. Traditiogconstitutumgpossessorium
d. Traditiogsimbolic
ag Feedback
Thegcorrectganswerg is:gTraditioglongagmanu
OngJuneg1,g2020,gSghasgshippedgCebugCity-
basedggoodsgworthgP100,000.00gtogBgwhogisgfromg GeneralgSantosg City,g withg theg understand
inggthatg Sgremainsgtogbeg ownerguntilghegisgfullygpaid.g Whilegthegcarriergwasgongagshortgstop
overgingCagayangDegOrogCity,gS’sgbankginformedghimgthatgtheg checkg issuedgbygBgasgpayme
ntgforgtheg goodsgwasgdishonoredgbygreasongofg “DAIF”gorgdrawng againstginsufficiencygofgfu
nds.gHegalsoglearnedgfromgthegbankgthatgBghadgbecomeginsolvent.gSgtheng notifiedgthegcarrierg
ofghisgclaimgovergtheggoodsgandgthatghegwasgtakinggpossessiongofgtheggoods.gTheg rightgavaile
dgofgbygSgis:
a. Rightg ofgwithholdinggdelivery
b. Rightgofg stoppageg ingtransitu
c. Rightgofgpossessoryglien
d. Rightgofgrescissio
ng Feedback
Thegcorrectganswerg is:gRightgofgwithholdingg delivery
1 1
about:blank 3/42
, 11/22/23,g9:35gPM Rfbt-3-midterm-exam-aim-highgcompress
FIRST:gIfgthegunpaidgsellergstillgretainsgownershipgingtheggoods,ghegcannotgbegsaidgtoghavegagli
engong hisggoods.gSECOND:gUnlessgotherwisegagreed,g whereggoodsgaregsentgbygthegsellergtogt
hegbuyerg undergcircumstancesgingwhichgthegsellergknowsgorgoughtgtogknowgthatgitgisgusualgtog
insure,gthegsellerg mustg giveg suchgnoticegtog theg buyergasg mayg enableg himg tog insureg themg dur
ingg theirgtransit,g and,g ifg thegsellergfailsgtogdogso,gtheggoodsgshallgbegdeemedgtogbegatghisgrisk
gduringgsuchgtransit.
a. OnlygthegSECONDgisgtrue.
b. Onlygtheg FIRSTgisgtrue.
c. Bothgareg false.
d. Bothgaregtrue
.g Feedback
Thegcorrectg answerg is:gBothgaregtrue.
SellergandgbuyergagreedgthatgpaymentgandgdeliverygwouldgbegmadegongJulyg15.gOngsaidgdate,g
sellerg maygoffergtogdelivergtheggoodsgtogthegbuyer,gandgifgbuyergrefusesgtogreceivegtheggoods,g
thegsellergcang tellgthegbuyer,g“Igamgholdinggtheggoods,gnoglongergasgthegseller,gbutgasgyourgde
positarygorgasgbailee.g Yougaregnowgthegownergofgtheggoods.”gCangthegsellergthengmaintaingan
gactiongforgthegprice?
a. Yes,g ifgtheggoodsgcannotgreadilygbegresoldg forgagreasonablegprice.
b. Yes,gifgtheggoodsgcannotgaregfungible.
c. No,gbecauseg thereg wasg nogdeliveryg yet.
d. No,gthegsellergcangonlygchoosegonegremedygingthegalternat
ive.g Feedback
Thegcorrectganswerg is:gYes,gifgtheggoodsgcannotgreadilyg begresoldgforgagreasonablegprice.
FIRST:gIngthegeventgofgbreachgofgwarrantygagainstghiddengencumbrance,gthegactiongforgrescissi
ong mustgbegbroughtgwithingoneg(1)gyeargfromgthegexecutiongofgthegdeedgofgsale.gOtherwise,gt
hegbuyerg shallgloseganygothergremedy.gSECOND:gTheregisgimpliedgwarrantygasgtogthegqualityg
orgfitnessgforg anygparticulargpurposegofggoodsgundergagcontractgofgsalegwhengthegbuyergexpres
slygorgimpliedlyg manifestsgtogthegsellergthegparticulargpurposegforgwhichgtheggoodsgaregacquir
edgandgthegbuyergreliesg upongthegseller’sgskillgorgjudgmentgwhetherghegbegtheggrowergorgman
ufacturergorgnot.
a. Onlygtheg FIRSTgisgtrue.
b. Bothgareg false.
c. Bothgaregtrue.
d. OnlygthegSECONDgisgtru
e.g Feedback
Thegcorrectganswerg is:gOnlygthegSECONDgisgtrue.
1 1
about:blank 4/42
FIRST:gExceptgwhengthegunpaidgsellerghasgconsentedgthereto,ghisgrightgofgliengorgstoppagegin
g transitugisgnotgaffectedgbyganygsale,gorgothergdispositiongofgtheggoodsgwhichgthegbuyergmayg
haveg made.g SECOND:g Wheng noticeg ofg stoppageg ing transitug isg giveng byg theg sellerg tog theg car
rier,g orgother
baileegingpossessiongofgtheggoods,ghegmustgredelivergtheggoodsgto,gorgaccordinggtogthegdirectio
nsgof,g thegseller,gwhogshallgbeargthegexpensesgofgsuchgdelivery.
a. OnlygthegSECONDgisgtrue.
b. Bothgareg false.
c. Bothgaregtrue.
d. OnlygthegFIRSTgisgtru
e.g Feedback
Thegcorrectg answerg is:gBothgaregtrue.
Ifgthegmovablegpropertygshouldghavegbeengsoldgtogdifferentgvendees,gthegownershipgshallgbeg tr
ansferredgtogthegperson…
a. Whoginggoodgfaithg recordedgitging theg RegistrygofgProperty.
b. Whogpresentsgtheg oldestgtitleg inggoodg faith.
c. Whoghavegpaidginggoodgfaithg theg purchasegpriceg ing full.
d. Whoghavegfirstgtakengpossessionginggoodgfai
th.g Feedback
Thegcorrectganswerg is:gWhoghaveg firstgtakengpossessionginggoodgfaith.
Ingthisgtypeg ofgsale,gthegsalegisgeffectiveg evengifgtheg thingg hopedgforg doesgnotgcomegintogexistence:
a. Salegofgangunborngyounggofgang animal
b. Salegofg ag rafflegticketg forgcharity
c. Emptiogreig speratae
d. Salegofgfuturegharves
tg Feedback
Thegcorrectg answerg is:gSalegofg agrafflegticketg forgcharity
Theg stageg wheregpartiesg showgtheirg initialg interestgingenteringg agcontractgofg sale?
a. Birth
b. Conception
c. Perfection
d. Consummation
g Feedback
Thegcorrectganswerg is:gConception
1 1
about:blank 1/42
,11/22/23,g9:35gPM Rfbt-3-midterm-exam-aim-highgcompress
Stevegownsgagmangogtreegbearinggfruitsgreadygforgharvest.gHegsellsgallgthegfruitsgofgthatgtreegto
gBeng whogpaysgStevegthegsumgofgP5,000.gStevegtellsgBengthatghegcangjustgharvestgthegfruitsga
nytimegheg likesgpointinggatgthegparticulargtree.gForglegalgpurposes,gSteveghasgfulfilledghisgobli
gationgtogdeliverg thegmangogfruitsgtogBengby:
a. Traditioglongagmanu
b. Traditiogbrevig manu
c. Traditiogconstitutumgpossessorium
d. Traditiogsimbolica
FIRST:gExceptgwhengthegunpaidgsellerghasgconsentedgthereto,ghisgrightgofgliengorgstoppagegin
g transitugisgnotgaffectedgbyganygsale,gorgothergdispositiongofgtheggoodsgwhichgthegbuyergmayg
haveg made.gSECOND:gWhengnoticegofgstoppagegingtransitugisggivengbygthegsellergtogthegcarri
er,gorgotherg baileegingpossessiongofgtheggoods,ghegmustgredelivergtheggoodsgto,gorgaccordinggt
ogthegdirectionsgof,g thegseller,gwhogshallgbeargthegexpensesgofgsuchgdelivery.
a. OnlygthegSECONDgisgtrue.
b. Bothgareg false.
c. Bothgaregtrue.
d. OnlygthegFIRSTgisgtru
e.g Feedback
Thegcorrectg answerg is:gBothgaregtrue.
Ifgthegmovablegpropertygshouldghavegbeengsoldgtogdifferentgvendees,gthegownershipgshallgbeg tr
ansferredgtogthegperson…
a. Whoginggoodgfaithg recordedgitging theg RegistrygofgProperty.
b. Whogpresentsgtheg oldestgtitleg inggoodg faith.
c. Whoghavegpaidginggoodgfaithg theg purchasegpriceg ing full.
d. Whoghavegfirstgtakengpossessionginggoodgfai
th.g Feedback
Thegcorrectganswerg is:gWhoghaveg firstgtakengpossessionginggoodgfaith.
Ingthisgtypeg ofgsale,gthegsalegisgeffectiveg evengifgtheg thingg hopedgforg doesgnotgcomegintogexistence:
a. Salegofgangunborngyounggofgang animal
b. Salegofg ag rafflegticketg forgcharity
c. Emptiogreig speratae
d. Salegofg futureg harvest
1 1
about:blank 2/42
,11/22/23,g9:35gPM Rfbt-3-midterm-exam-aim-highgcompress
Feedback
Thegcorrectg answerg is:gSalegofg agrafflegticketg forgcharity
Theg stageg wheregpartiesg showgtheirg initialg interestgingenteringg agcontractgofg sale?
a. Birth
b. Conception
c. Perfection
d. Consummation
g Feedback
Thegcorrectganswerg is:gConception
Stevegownsgagmangogtreegbearinggfruitsgreadygforgharvest.gHegsellsgallgthegfruitsgofgthatgtreegto
gBeng whogpaysgStevegthegsumgofgP5,000.gStevegtellsgBengthatghegcangjustgharvestgthegfruitsga
nytimegheg likesgpointinggatgthegparticulargtree.gForglegalgpurposes,gSteveghasgfulfilledghisgobli
gationgtogdeliverg thegmangogfruitsgtogBengby:
a. Traditioglongagmanu
b. Traditiogbrevig manu
c. Traditiogconstitutumgpossessorium
d. Traditiogsimbolic
ag Feedback
Thegcorrectganswerg is:gTraditioglongagmanu
OngJuneg1,g2020,gSghasgshippedgCebugCity-
basedggoodsgworthgP100,000.00gtogBgwhogisgfromg GeneralgSantosg City,g withg theg understand
inggthatg Sgremainsgtogbeg ownerguntilghegisgfullygpaid.g Whilegthegcarriergwasgongagshortgstop
overgingCagayangDegOrogCity,gS’sgbankginformedghimgthatgtheg checkg issuedgbygBgasgpayme
ntgforgtheg goodsgwasgdishonoredgbygreasongofg “DAIF”gorgdrawng againstginsufficiencygofgfu
nds.gHegalsoglearnedgfromgthegbankgthatgBghadgbecomeginsolvent.gSgtheng notifiedgthegcarrierg
ofghisgclaimgovergtheggoodsgandgthatghegwasgtakinggpossessiongofgtheggoods.gTheg rightgavaile
dgofgbygSgis:
a. Rightg ofgwithholdinggdelivery
b. Rightgofg stoppageg ingtransitu
c. Rightgofgpossessoryglien
d. Rightgofgrescissio
ng Feedback
Thegcorrectganswerg is:gRightgofgwithholdingg delivery
1 1
about:blank 3/42
, 11/22/23,g9:35gPM Rfbt-3-midterm-exam-aim-highgcompress
FIRST:gIfgthegunpaidgsellergstillgretainsgownershipgingtheggoods,ghegcannotgbegsaidgtoghavegagli
engong hisggoods.gSECOND:gUnlessgotherwisegagreed,g whereggoodsgaregsentgbygthegsellergtogt
hegbuyerg undergcircumstancesgingwhichgthegsellergknowsgorgoughtgtogknowgthatgitgisgusualgtog
insure,gthegsellerg mustg giveg suchgnoticegtog theg buyergasg mayg enableg himg tog insureg themg dur
ingg theirgtransit,g and,g ifg thegsellergfailsgtogdogso,gtheggoodsgshallgbegdeemedgtogbegatghisgrisk
gduringgsuchgtransit.
a. OnlygthegSECONDgisgtrue.
b. Onlygtheg FIRSTgisgtrue.
c. Bothgareg false.
d. Bothgaregtrue
.g Feedback
Thegcorrectg answerg is:gBothgaregtrue.
SellergandgbuyergagreedgthatgpaymentgandgdeliverygwouldgbegmadegongJulyg15.gOngsaidgdate,g
sellerg maygoffergtogdelivergtheggoodsgtogthegbuyer,gandgifgbuyergrefusesgtogreceivegtheggoods,g
thegsellergcang tellgthegbuyer,g“Igamgholdinggtheggoods,gnoglongergasgthegseller,gbutgasgyourgde
positarygorgasgbailee.g Yougaregnowgthegownergofgtheggoods.”gCangthegsellergthengmaintaingan
gactiongforgthegprice?
a. Yes,g ifgtheggoodsgcannotgreadilygbegresoldg forgagreasonablegprice.
b. Yes,gifgtheggoodsgcannotgaregfungible.
c. No,gbecauseg thereg wasg nogdeliveryg yet.
d. No,gthegsellergcangonlygchoosegonegremedygingthegalternat
ive.g Feedback
Thegcorrectganswerg is:gYes,gifgtheggoodsgcannotgreadilyg begresoldgforgagreasonablegprice.
FIRST:gIngthegeventgofgbreachgofgwarrantygagainstghiddengencumbrance,gthegactiongforgrescissi
ong mustgbegbroughtgwithingoneg(1)gyeargfromgthegexecutiongofgthegdeedgofgsale.gOtherwise,gt
hegbuyerg shallgloseganygothergremedy.gSECOND:gTheregisgimpliedgwarrantygasgtogthegqualityg
orgfitnessgforg anygparticulargpurposegofggoodsgundergagcontractgofgsalegwhengthegbuyergexpres
slygorgimpliedlyg manifestsgtogthegsellergthegparticulargpurposegforgwhichgtheggoodsgaregacquir
edgandgthegbuyergreliesg upongthegseller’sgskillgorgjudgmentgwhetherghegbegtheggrowergorgman
ufacturergorgnot.
a. Onlygtheg FIRSTgisgtrue.
b. Bothgareg false.
c. Bothgaregtrue.
d. OnlygthegSECONDgisgtru
e.g Feedback
Thegcorrectganswerg is:gOnlygthegSECONDgisgtrue.
1 1
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