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Philippine Bar review · Question

Practice question: Effects of Loss of Thing Sold

Multiple Choice Medium

Practice question

At perfection, a determinate item priced at P100,000 has already been partially lost. The remaining part is established to represent 60% of the agreed object's proportional value. The buyer elects to demand that remainder under Article 1493. What price corresponds to that election?
  1. P100,000
  2. P60,000
  3. P160,000
  4. Zero in every case
  5. P200,000

Legal references

  • Civil Code Articles 1493–1494 and 1504: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html

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