Ace sold to Babe a piece of jewelry at a price of P20,000. The contract provides that Babe will give Ace cash of P5,000 and a refrigerator worth P15,000.

 What is the nature of the contract?

Carrie transferred to Viel a parcel of land for a price of P100,000; P30,000 to be paid in cash and for the difference, she will convey her car worth P70,000.

 What kind of contract is this?

Answer rating: 100% (QA)

The first contract between Ace and Babe is a contract of exchange or bart... View the full answer