Philippine Bar review · Question

Practice question: Equitable Mortgage

Multiple Choice Easy

Practice question

Under Article 1605, what remedy may the apparent vendor seek in cases governed by Articles 1602 and 1604?
  1. Automatic imprisonment of the apparent buyer.
  2. Confiscation of the buyer's entire estate.
  3. A tax exemption for every future transaction.
  4. Reformation of the instrument.
  5. Cancellation of all unrelated debts.

Legal references

  • https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html — Civil Code, Article 1605.

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