Practice question
Under Article 1458, what principal undertaking characterizes the seller in a contract of sale?
- Merely allowing a stranger to negotiate indefinitely.
- Transferring ownership and delivering a determinate thing for a certain price in money or its equivalent.
- Guaranteeing every future increase in value.
- Making a gift without a price.
- Only introducing the buyer to a broker.
Legal references
- https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html — Civil Code, Article 1458.
Answer this question in flashcards to review your response and continue practicing.