Practice question
Does 1482 itself give either party an automatic right to withdraw from a perfected sale merely by sacrificing earnest money?
- No.
- Yes; earnest money always makes every sale optional.
- Only the receipt’s color decides.
- Every sale automatically expires at sunset.
- The buyer may always choose a new price.
Legal references
- Civil Code Articles1306,1475,1482,1490-1492,1504,1522-1523 and1589-1590: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
- Chavez v. Spouses Gopez, G.R.242366, February26,2025, MAIN: https://lawphil.net/judjuris/juri2025/feb2025/gr_242366_2025.html
Answer this question in flashcards to review your response and continue practicing.