Pretest # P1 4:00-5:30 sold at the time the contract of sale is

perfected.
17.Gross inadequacy of price makes the
NAME: ____________________________________ contract inefficacious
18.Thing subject to a resolutory condition
IDENTIFICATION: may be the object to the contract of
sale.
1. A bilateral contract whereby the 19.When the parties have fixed or agreed
prospective seller, while expressly upon a definite amount, the courts
reserving the ownership of the may not anymore fix the price
subject property despite delivery 20.The sale of a mere hope or expectancy
thereof to the prospective buyer, is void.
binds himself to sell the said property
exclusively to the prospective buyer
upon fulfilment of the condition
agreed upon, that is, full payment of
the purchase price.
2. Property is alienated to the creditor on
satisfaction of a debt in money.
3. Where the sale is not subject to any
condition whatsoever and where title
of ownership passes to the buyer upon
delivery of the thing sold.
4. Goods to be manufactured, Raised or
acquired by the seller after the
perfection of the contract of sale.
5. It means goods of which any unit is
from its nature or by the mercantile
usage, treated as the equivalent of
any other unit.
6. A person binds himself to render some
service or to do something in
representation or on behalf of
another, with the consent or authority
of the latter.
7. Those things with are needed for the
sustenance, dwelling, clothing and
medical attendance, in keeping with
the financial capacity of the family of
the incapacitated.
8. Secret bidding by or on behalf of the
seller by people who are not
themselves bound.
9. An incapacity which exist only with
reference to certain persons od a
certain class of property
10.What is the legal effect of the sale of
undivided interest in a thing?

TRUE OR FALSE:

11.When a person who is not the owner

of a thing sells or alienates and
delivers it, and later the seller or
grantor acquires title thereto, such
title passes by operation of law to the
buyer or grantee.
12.The contract of sale is commutative,
not aleatory.
13.The husband and wife are absolutely
prohibited from sell property to each
other.
14.The husband and wife cannot donate
property with each other during their
marriage.
15.An agent can return the object in case
he is unable to sell the same to a
third person.
16.The vendor must have the right to
transfer the ownership of the thing