Question: ANSWER THE FOLLOWING: Explain and what topic it is connected to contracts. Kikay received from Sharon the amount of P10 and in return, obliged herself

ANSWER THE FOLLOWING: Explain and what topic it is connected to contracts. Kikay received from Sharon the amount of P10 and in return, obliged herself to deliver a mongol pencil no. 2 on November 5. While on her way to Sharon for the delivery, a lightning struck the motorela she was riding causing the vehicle to burst in fire on November 6. Luckily, she escaped without any harm. The pencil however was included in the fire wreckage. Sharon thereafter, demanded the delivery of the pencil which Susan refused arguing that the object was already lost by reason of the fire. Can Kikay be compelled to deliver the pencil? Can she be held liable for Damages? Explain. Astha Guzman (performer) and Wish107 (Organizer) entered into an agreement that the performer will render five songs in a concert organized by Wish 107 for a fee of P700, 000.00. The organizer after signing the contract immediately paid the performer the amount. Two days prior to the event, the performer, called up the organizer and informed them that he will not be performing in the event without stating any reason. Can the performer be compelled through Specific performance to render his obligation in the concert? Explain
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