Philippine Bar review · Topic
Personal Property
Explore Personal Property in Installment Sales for the Philippine Bar. Browse subtopics and published practice questions, then take a quiz or answer flashcards.
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Practice questions
- What transaction is Article 1484 principally directed to?
- Under Article 1484(2), how many unpaid installments are required for the stated cancellation remedy?
- What remedy does Article 1484(1) state where the vendee fails to pay?
- A buyer has failed to pay only one installment in a covered personal-property sale. The seller invokes Article 1484(2) …
- A purported personal-property lease includes an option to buy, and the lessor deprives the lessee of possession or enjo…
- A seller cancels a covered installment transaction and relies on a forfeiture clause for all installments paid. The buy…
- A motorist already owns a vehicle and later obtains an independent cash loan secured by it. The lender did not sell the…
- Distinguish the fulfillment and cancellation remedies stated in Article 1484.
- Explain the protection against evasion through a purported personal-property lease with an option to buy.
- Explain why a review of a personal-property installment dispute must first identify the transaction and remedy rather t…
- An installment buyer and seller agree that Article 1484 governs their unsecured personal-property sale. Are its fulfill…
- A seller merely sends an unheeded demand that the installment buyer surrender the vehicle. Does that demand alone estab…