Belinda Co. granted to Aileen the exclusive right to sell in the Pangasinan a certain number...

Transcribed Image Text:

Belinda Co. granted to Aileen the exclusive right to sell in the Pangasinan a certain number of beds which the Company was manufacturing at the invoice price of the beds in Manila, with a discount of 15% the price to be paid at the end of 60 days? What contract is perfected - a contract of sale or a contract of agency? Reasons. Your answer Belinda Shoe Store, Inc. entered into separate contracts with two movie stars, Aileen and Anne. With Aileen, the agreement was that the shoe store shall deliver at a specified date for a price of P7,000.00 a pair of shoes of a specified brand which the Store had been manufacturing for the general public but which at the time of the contract had already been sold out. With Anne, the agreement was that the shoe store shall deliver at a specified date for a price of P10,000.00 a pair of shoes to be made specially for him, in accordance with a design submitted by him. What is the nature of these two contracts? Your answer Engr. Rommel offered to sell his house and lot to Engr. Aira for a very reasonable price of P1 Million, giving the latter seven days within which to accept or reject the offer. Engr Aira paid Engr Rommel P50,000.00 as consideration for that option. On sixth day, before Engr. Aira could make up his mind, Engr Rommel withdrew his offer. Is the withdrawal valid? www Your answer Belinda Co. granted to Aileen the exclusive right to sell in the Pangasinan a certain number of beds which the Company was manufacturing at the invoice price of the beds in Manila, with a discount of 15% the price to be paid at the end of 60 days? What contract is perfected - a contract of sale or a contract of agency? Reasons. Your answer Belinda Shoe Store, Inc. entered into separate contracts with two movie stars, Aileen and Anne. With Aileen, the agreement was that the shoe store shall deliver at a specified date for a price of P7,000.00 a pair of shoes of a specified brand which the Store had been manufacturing for the general public but which at the time of the contract had already been sold out. With Anne, the agreement was that the shoe store shall deliver at a specified date for a price of P10,000.00 a pair of shoes to be made specially for him, in accordance with a design submitted by him. What is the nature of these two contracts? Your answer Engr. Rommel offered to sell his house and lot to Engr. Aira for a very reasonable price of P1 Million, giving the latter seven days within which to accept or reject the offer. Engr Aira paid Engr Rommel P50,000.00 as consideration for that option. On sixth day, before Engr. Aira could make up his mind, Engr Rommel withdrew his offer. Is the withdrawal valid? www Your answer Belinda Co. granted to Aileen the exclusive right to sell in the Pangasinan a certain number of beds which the Company was manufacturing at the invoice price of the beds in Manila, with a discount of 15% the price to be paid at the end of 60 days? What contract is perfected - a contract of sale or a contract of agency? Reasons. Your answer Belinda Shoe Store, Inc. entered into separate contracts with two movie stars, Aileen and Anne. With Aileen, the agreement was that the shoe store shall deliver at a specified date for a price of P7,000.00 a pair of shoes of a specified brand which the Store had been manufacturing for the general public but which at the time of the contract had already been sold out. With Anne, the agreement was that the shoe store shall deliver at a specified date for a price of P10,000.00 a pair of shoes to be made specially for him, in accordance with a design submitted by him. What is the nature of these two contracts? Your answer Engr. Rommel offered to sell his house and lot to Engr. Aira for a very reasonable price of P1 Million, giving the latter seven days within which to accept or reject the offer. Engr Aira paid Engr Rommel P50,000.00 as consideration for that option. On sixth day, before Engr. Aira could make up his mind, Engr Rommel withdrew his offer. Is the withdrawal valid? www Your answer Belinda Co. granted to Aileen the exclusive right to sell in the Pangasinan a certain number of beds which the Company was manufacturing at the invoice price of the beds in Manila, with a discount of 15% the price to be paid at the end of 60 days? What contract is perfected - a contract of sale or a contract of agency? Reasons. Your answer Belinda Shoe Store, Inc. entered into separate contracts with two movie stars, Aileen and Anne. With Aileen, the agreement was that the shoe store shall deliver at a specified date for a price of P7,000.00 a pair of shoes of a specified brand which the Store had been manufacturing for the general public but which at the time of the contract had already been sold out. With Anne, the agreement was that the shoe store shall deliver at a specified date for a price of P10,000.00 a pair of shoes to be made specially for him, in accordance with a design submitted by him. What is the nature of these two contracts? Your answer Engr. Rommel offered to sell his house and lot to Engr. Aira for a very reasonable price of P1 Million, giving the latter seven days within which to accept or reject the offer. Engr Aira paid Engr Rommel P50,000.00 as consideration for that option. On sixth day, before Engr. Aira could make up his mind, Engr Rommel withdrew his offer. Is the withdrawal valid? www Your answer Belinda Co. granted to Aileen the exclusive right to sell in the Pangasinan a certain number of beds which the Company was manufacturing at the invoice price of the beds in Manila, with a discount of 15% the price to be paid at the end of 60 days? What contract is perfected - a contract of sale or a contract of agency? Reasons. Your answer Belinda Shoe Store, Inc. entered into separate contracts with two movie stars, Aileen and Anne. With Aileen, the agreement was that the shoe store shall deliver at a specified date for a price of P7,000.00 a pair of shoes of a specified brand which the Store had been manufacturing for the general public but which at the time of the contract had already been sold out. With Anne, the agreement was that the shoe store shall deliver at a specified date for a price of P10,000.00 a pair of shoes to be made specially for him, in accordance with a design submitted by him. What is the nature of these two contracts? Your answer Engr. Rommel offered to sell his house and lot to Engr. Aira for a very reasonable price of P1 Million, giving the latter seven days within which to accept or reject the offer. Engr Aira paid Engr Rommel P50,000.00 as consideration for that option. On sixth day, before Engr. Aira could make up his mind, Engr Rommel withdrew his offer. Is the withdrawal valid? www Your answer Belinda Co. granted to Aileen the exclusive right to sell in the Pangasinan a certain number of beds which the Company was manufacturing at the invoice price of the beds in Manila, with a discount of 15% the price to be paid at the end of 60 days? What contract is perfected - a contract of sale or a contract of agency? Reasons. Your answer Belinda Shoe Store, Inc. entered into separate contracts with two movie stars, Aileen and Anne. With Aileen, the agreement was that the shoe store shall deliver at a specified date for a price of P7,000.00 a pair of shoes of a specified brand which the Store had been manufacturing for the general public but which at the time of the contract had already been sold out. With Anne, the agreement was that the shoe store shall deliver at a specified date for a price of P10,000.00 a pair of shoes to be made specially for him, in accordance with a design submitted by him. What is the nature of these two contracts? Your answer Engr. Rommel offered to sell his house and lot to Engr. Aira for a very reasonable price of P1 Million, giving the latter seven days within which to accept or reject the offer. Engr Aira paid Engr Rommel P50,000.00 as consideration for that option. On sixth day, before Engr. Aira could make up his mind, Engr Rommel withdrew his offer. Is the withdrawal valid? www Your answer

Answer rating: 100% (QA)

1 Based on the given facts the contract that is perfected is a contract of agency This is because Be... View the full answer