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Philippine Bar review · Question

Practice question: Contract of Sale vs. Contract to Sell

Multiple Choice Easy

Practice question

Under Article 1458, what principal undertaking characterizes the seller in a contract of sale?
  1. Merely allowing a stranger to negotiate indefinitely.
  2. Transferring ownership and delivering a determinate thing for a certain price in money or its equivalent.
  3. Guaranteeing every future increase in value.
  4. Making a gift without a price.
  5. 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.