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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Direct subtopics

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Practice questions

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