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Philippine Bar review · Question

Practice question: Asset-only and Business Enterprise Transfers

Multiple Choice Easy Jurisprudence

Practice question

Which is a recognized exception to the general non-assumption rule?
  1. The buyer changes its stationery.
  2. The seller dislikes the sale.
  3. The buyer advertises the asset.
  4. The parties use an electronic document.
  5. The buyer expressly or impliedly agrees to assume the seller's debts.

Legal references

  • Y-I Leisure v. Yu, GR207161, September8 2015, main decision: https://lawphil.net/judjuris/juri2015/sep2015/gr_207161_2015.html
  • RA11232, RCC, Sections39 and73–74: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/86463

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