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Philippine Bar review · Question

Practice question: Obligations of the Vendor and of the Vendee

Multiple Choice Hard

Practice question

A serious vindicatory action supplies reasonable grounds for the buyer’s fear within 1590. No contractual payment-despite-contingency clause exists and seller has not supplied the stated security or ended the danger. Which is best?
  1. The statutory price-suspension right may apply on those established conditions.
  2. Every ownership action is automatically irrelevant.
  3. Only a mere rumor is required in all cases.
  4. The buyer may always keep the thing and cancel all price permanently.
  5. The seller need never address any qualifying danger.

Legal references

  • Civil Code Articles1306,1475,1482,1490-1492,1504,1522-1523 and1589-1590: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html

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