Practice question
If an option lacks separate consideration, how is the underlying offer generally treated under the Sanchez v. Rigos rule reaffirmed in PNOC and F.F. Cruz?
- It may remain an offer capable of timely acceptance before withdrawal
- It can never be accepted under any circumstances
- It automatically transfers title
- It irrevocably binds the offeror forever
- It becomes a criminal prohibition
Legal references
- Civil Code Articles 1324 and 1479: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
- PNOC v. Keppel Philippines Holdings, GR 202050, July 25, 2016, main decision: https://lawphil.net/judjuris/juri2016/jul2016/gr_202050_2016.html
- F.F. Cruz & Company v. NMC Container Lines, GR 270449, August 11, 2025, main decision: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/1/70224
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