Philippine Bar review · Question

Practice question: Mandatory and Prohibitory Laws

Multiple Choice Easy

Practice question

Under Article1417, what may a buyer recover when a statutory maximum price was exceeded?
  1. The excess over the maximum allowed
  2. Every unrelated expense of every customer
  3. Automatic ownership of the seller’s entire business
  4. A criminal fine personally collected without process
  5. Nothing under any circumstances

Legal references

  • Civil Code RA386: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html Articles5 and1416–1422.

Answer this question in flashcards to review your response and continue practicing.