Question: 1. C sold to B certain goods for a sufficient amount of consideration. At the time of sale, C is not the owner of the

1. C sold to B certain goods for a sufficient amount of consideration. At the time of sale, C is not the owner of the goods. Is there a valid sale to B? Why or why not?

2. The property sold by S to B is a portion of a parcel of land. However during the perfection of the contract, the parties have not agreed upon a definite price at the time of sale and it will be fixed by S. Is there a valid contract of sale between them? Why or why not?

3. Y executed a document whereby she agreed to transfer to Z the whole right, title and interest in a particular business. This whole was a 1/5 of the entire net value of the business. The parties agreed that the price should be 1/5 of the total net value. The ascertainment of such net value was left unreservedly to the judgment of appraisers. Is the price certain? Why or why not?

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