Practice question
Does writing 'earnest money' on a receipt conclusively prove a contract of sale regardless of the actual arrangement?
- No, the nature and terms of the agreement must still be determined
- Yes, the label controls every case
- Yes, even if no agreement on the bargain exists
- Yes, because receipts override every statute
- No, because Article 1482 never has any effect
Legal references
- Civil Code Articles 1475, 1477 and 1482: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
- Chavez v. Spouses Gopez, GR 242366, February 26, 2025, main decision: https://lawphil.net/judjuris/juri2025/feb2025/gr_242366_2025.html
Answer this question in flashcards to review your response and continue practicing.