Professional Documents
Culture Documents
EXAM Sales 2023
EXAM Sales 2023
advertisement of Evelyn,
who sells limited
edition
sneakers. Through an
exchange of text messages,
Evelyn and Brenda agreed
that:
(i) Evelyn will sell to
Brenda a pair of brand-new
sneakers for Php
25,000.00; (ii)
Brenda will deposit the
purchase price in Evelyn’s
bank account; and (iii)
Evelyn
will deliver the
sneakers within ten
days from deposit.
Brenda deposited the
purchase price and Evelyn
acknowledged receipt
thereof. Before the delivery
of
the sneakers, Evelyn
received an offer from
Rosela to buy the same
sneakers for
Php 35,000.00. Evelyn
candidly tells Brenda that
she is selling the sneakers
at a
higher price to another
buyer, and sends this text
message to Brenda: “Sizt,
may
iba pala akong buyer na
mas malaki yung offer,
sorry! Balik ko nalang
bayad mo,
keri?” Evelyn claims
that since the sneakers
have not yet been
delivered to
Brenda, she can still
withdraw the offer.
Brenda saw the online
advertisement of Evelyn,
who sells limited
edition
sneakers. Through an
exchange of text messages,
Evelyn and Brenda agreed
that:
(i) Evelyn will sell to
Brenda a pair of brand-new
sneakers for Php
25,000.00; (ii)
Brenda will deposit the
purchase price in Evelyn’s
bank account; and (iii)
Evelyn
will deliver the
sneakers within ten
days from deposit.
Brenda deposited the
purchase price and Evelyn
acknowledged receipt
thereof. Before the delivery
of
the sneakers, Evelyn
received an offer from
Rosela to buy the same
sneakers for
Php 35,000.00. Evelyn
candidly tells Brenda that
she is selling the sneakers
at a
higher price to another
buyer, and sends this text
message to Brenda: “Sizt,
may
iba pala akong buyer na
mas malaki yung offer,
sorry! Balik ko nalang
bayad mo,
keri?” Evelyn claims
that since the sneakers
have not yet been
delivered to
Brenda, she can still
withdraw the offer.
Brenda saw the online
advertisement of Evelyn,
who sells limited
edition
sneakers. Through an
exchange of text messages,
Evelyn and Brenda agreed
that:
(i) Evelyn will sell to
Brenda a pair of brand-new
sneakers for Php
25,000.00; (ii)
Brenda will deposit the
purchase price in Evelyn’s
bank account; and (iii)
Evelyn
will deliver the
sneakers within ten
days from deposit.
Brenda deposited the
purchase price and Evelyn
acknowledged receipt
thereof. Before the delivery
of
the sneakers, Evelyn
received an offer from
Rosela to buy the same
sneakers for
Php 35,000.00. Evelyn
candidly tells Brenda that
she is selling the sneakers
at a
higher price to another
buyer, and sends this text
message to Brenda: “Sizt,
may
iba pala akong buyer na
mas malaki yung offer,
sorry! Balik ko nalang
bayad mo,
keri?” Evelyn claims
that since the sneakers
have not yet been
delivered to
Brenda, she can still
withdraw the offer.
Brenda saw the online
advertisement of Evelyn,
who sells limited
edition
sneakers. Through an
exchange of text messages,
Evelyn and Brenda agreed
that:
(i) Evelyn will sell to
Brenda a pair of brand-new
sneakers for Php
25,000.00; (ii)
Brenda will deposit the
purchase price in Evelyn’s
bank account; and (iii)
Evelyn
will deliver the
sneakers within ten
days from deposit.
Brenda deposited the
purchase price and Evelyn
acknowledged receipt
thereof. Before the delivery
of
the sneakers, Evelyn
received an offer from
Rosela to buy the same
sneakers for
Php 35,000.00. Evelyn
candidly tells Brenda that
she is selling the sneakers
at a
higher price to another
buyer, and sends this text
message to Brenda: “Sizt,
may
iba pala akong buyer na
mas malaki yung offer,
sorry! Balik ko nalang
bayad mo,
keri?” Evelyn claims
that since the sneakers
have not yet been
delivered to
Brenda, she can still
withdraw the offer.
Brenda saw the online
advertisement of Evelyn,
who sells limited
edition
sneakers. Through an
exchange of text messages,
Evelyn and Brenda agreed
that:
(i) Evelyn will sell to
Brenda a pair of brand-new
sneakers for Php
25,000.00; (ii)
Brenda will deposit the
purchase price in Evelyn’s
bank account; and (iii)
Evelyn
will deliver the
sneakers within ten
days from deposit.
Brenda deposited the
purchase price and Evelyn
acknowledged receipt
thereof. Before the delivery
of
the sneakers, Evelyn
received an offer from
Rosela to buy the same
sneakers for
Php 35,000.00. Evelyn
candidly tells Brenda that
she is selling the sneakers
at a
higher price to another
buyer, and sends this text
message to Brenda: “Sizt,
may
iba pala akong buyer na
mas malaki yung offer,
sorry! Balik ko nalang
bayad mo,
keri?” Evelyn claims
that since the sneakers
have not yet been
delivered to
Brenda, she can still
withdraw the offer.
Brenda saw the online
advertisement of Evelyn,
who sells limited
edition
sneakers. Through an
exchange of text messages,
Evelyn and Brenda agreed
that:
(i) Evelyn will sell to
Brenda a pair of brand-new
sneakers for Php
25,000.00; (ii)
Brenda will deposit the
purchase price in Evelyn’s
bank account; and (iii)
Evelyn
will deliver the
sneakers within ten
days from deposit.
Brenda deposited the
purchase price and Evelyn
acknowledged receipt
thereof. Before the delivery
of
the sneakers, Evelyn
received an offer from
Rosela to buy the same
sneakers for
Php 35,000.00. Evelyn
candidly tells Brenda that
she is selling the sneakers
at a
higher price to another
buyer, and sends this text
message to Brenda: “Sizt,
may
iba pala akong buyer na
mas malaki yung offer,
sorry! Balik ko nalang
bayad mo,
keri?” Evelyn claims
that since the sneakers
have not yet been
delivered to
Brenda, she can still
withdraw the offer.
Brenda saw the online
advertisement of Evelyn,
who sells limited
edition
sneakers. Through an
exchange of text messages,
Evelyn and Brenda agreed
that:
(i) Evelyn will sell to
Brenda a pair of brand-new
sneakers for Php
25,000.00; (ii)
Brenda will deposit the
purchase price in Evelyn’s
bank account; and (iii)
Evelyn
will deliver the
sneakers within ten
days from deposit.
Brenda deposited the
purchase price and Evelyn
acknowledged receipt
thereof. Before the delivery
of
the sneakers, Evelyn
received an offer from
Rosela to buy the same
sneakers for
Php 35,000.00. Evelyn
candidly tells Brenda that
she is selling the sneakers
at a
higher price to another
buyer, and sends this text
message to Brenda: “Sizt,
may
iba pala akong buyer na
mas malaki yung offer,
sorry! Balik ko nalang
bayad mo,
keri?” Evelyn claims
that since the sneakers
have not yet been
delivered to
Brenda, she can still
withdraw the offer.
Brenda saw the online advertisement of Evelyn, who sells limited edition sneakers. Through
an exchange of text messages, Evelyn and Brenda agreed that:(i) Evelyn will sell to Brenda a pair of
brand-new sneakers for Php 25,000.00; (ii)Brenda will deposit the purchase price in Evelyn’s bank
account; and (iii) Evelyn will deliver the sneakers within ten days from deposit. Brenda
deposited the purchase price and Evelyn acknowledged receipt thereof. Before the delivery of the
sneakers, Evelyn received an offer from Rosela to buy the same sneakers forPhp 35,000.00. Evelyn
candidly tells Brenda that she is selling the sneakers at a higher price to another buyer, and sends this
text message to Brenda: “Sizt, may iba pala akong buyer na mas malaki yung offer, sorry! Balik ko nalang
bayad mo, keri?” Evelyn claims that since the sneakers have not yet been delivered to
Brenda, she can still withdraw the offer. Is Evelyn’s contention tenable?
No, Evelyn’s contention is not tenable.
Under the civil code, upon the perfection of the contract, there arise reciprocal obligations of the
parties. In a contract of sale, the seller is bound to deliver and transfer ownership of the thing, while the
buyer is bound to pay the price.
In this case, Evelyn and Brenda had a perfected contract when they had a meeting of minds over the
sale of a brand new sneakers for P25,000. Brenda had deposited the purchase price as agreed. Evelyn
was bound to deliver the item. She could no longer withdraw the offer as it was already accepted by
Brenda and, more importantly, Brenda had already performed her end of the contract.
(i) the oral contract of sale is void because it does not appear in a public instrument; and
(ii) assuming the sale is not void, it is unenforceable under the Statute of Frauds. Ray and Shane insisted
that the sale of the land to them was both valid and enforceable. Are the contentions of the heirs of
Alma tenable? Explain briefly. (5 points
Under the Civil Code, the sale of real property should not only be in writing but must also be in public
instrument. However, these rules are only for convenience and enforceability. An oral sale of real
property is valid and may be enforced if it is partly or fully consummated.
In this case, the sale was originally made between Alma and the Spouses Ray and Shane. A portion of
the purchase price was already paid by the buyers. The balance was paid to Josie, one of Alma’s
children, because Alma had already died. Although it was only Josie, and not all the heirs, who executed
the notarized deed of sale, this is an issue between the heirs which did not render the original oral sale
invalid or unenforceable.
Who among Aida, Lorna and Fe owns the property? Explain briefly.
Under the Civil Code, ownership is transferred to the buyer either by actual or constructive delivery. The
execution of public instrument such as a notarized deed of sale is a mode of constructive delivery . The
failure of the buyer to pay the price simply gives the seller the right to demand payment or to rescind
the sale.
In this case, Aida sold the property to Lorna, and they executed a notarized deed of sale. Ownership has
already transferred to Lorna. Lorna’s failure to pay the balance of the purchase price did not revert
ownership to Aida. Aida should first either demand payment of the price or properly rescind the sale.
Thus, no longer the owner of the property, Aida could not sell it to Fe.