Philippine Bar review · Topic
Tradition
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- For goods delivered on sale or return under1502, when does ownership initially pass?
- A transferable incorporeal right is sold and the public-instrument route is inapplicable. The buyer uses the right with…
- Goods are delivered on approval. Before any approval, adopting act or expiration of the stipulated rejection period, th…
- An owner sells equipment but remains physically holding it under a new lease from the buyer. All parties intend complet…
- Two buyers receive goods. BuyerA receives on sale or return; BuyerB receives on approval and promptly rejects within th…
- Compare1502 sale or return with delivery on approval, focusing on ownership rather than merely physical custody.
- Explain how a completed sale with a genuine leaseback can involve tradition although the seller still physically holds …
- Identify1501’s recognized delivery approaches for incorporeal property without assuming all intangible rights escape sp…