Practice question
Is payment of a price alone sufficient to establish innocent-purchaser-for-value protection despite notice of another person’s right?
- Yes, every payment conclusively proves good faith
- No, value and good faith must both be established
- Yes, if the buyer pays cash
- Yes, if the buyer pays quickly
- Yes, regardless of known competing claims
Legal references
- G.R. 215038, October 17, 2016, main opinion: https://lawphil.net/judjuris/juri2016/oct2016/gr_215038_2016.html
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