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Philippine Bar review · Question

Practice question: Effects of Loss of Thing Sold

Multiple Choice Easy

Practice question

Under 1504’s ordinary goods-risk rule, what event generally shifts risk absent agreement or exception?
  1. Transfer of ownership.
  2. Every initial advertisement.
  3. Only the buyer’s birthday.
  4. Only payment of a broker’s fee.
  5. No event can ever shift risk.

Legal references

  • Civil Code Articles1306,1475,1482,1490-1492,1504,1522-1523 and1589-1590: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html

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