Practice question
An agent buys entrusted property with the principal’s valid consent, and all other requirements are satisfied. Is lack of consent still an established 1491(2) obstacle?
- Yes; consent is expressly irrelevant.
- The agent necessarily owns every principal asset.
- Only a private creditor can consent.
- All agency sales automatically are void regardless of facts.
- No; the article expressly qualifies the agent rule by principal consent.
Legal references
- Civil Code Articles1306,1475,1482,1490-1492,1504,1522-1523 and1589-1590: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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