Exercises: Situational questions. Every answer must be supported with a legal basis.1. A is the legal guardian of X, a minor. In his capacity as a guardian he sold the condominium unit of X worth 1million pesos for only P500,000.00. Discuss the status of the contract?2. A obtained the services of B for the construction of his house in Bulacan. However, considering the financial predicament A is still facing, they agreed that will start its construction after one (1) year. What could be the rights and obligations of the parties in the event B refused to proceed with his obligation?3. A forcibly secured the consent of B to sign the contract. Later, A wanted to invalidate the contract by reason that the consent ofB in signing the contract is vitiated. On the other hand, B, despite such fact, he wanted to pursue the contract. What is the best way to decide the situation?4. A poked a gun to B since B does not want to sell his valued property to A and then uttered these words, "Pirmahan mo ang Deed of Sale na ito, kung hindi uubusin ko ang lahi mo!!!". What is the status of A and B's contract? 5. A is asking for the reformation of the instrument because he was allegedly deceived by B in agreeing that payment has to be made in 5 equal instalments only when in fact the payment should have been within a period of 12 months. Is this remedy correct?

Exercises: Situational questions. Every answer must be supported with a legal basis. 1. A is the legal guardian of X, a minor. In his capacity as a guardian he sold the condominium unit of X worth 1million pesos for only P500,000.00. Discuss the status of the contract? (10 points) 2. A obtained the services of B for the construction of his house in Bulacan. However, considering the financial predicament A is still facing, they agreed that B will start its construction after one (1) year. What could be the rights and obligations of the parties in the event B refused to proceed with his obligation? (10 points) 3. A forcibly secured the consent of B to sign the contract. Later, A wanted to invalidate the contract by reason that the consent of B in signing the contract is vitiated. On the other hand, B, despite such fact, he wanted to pursue the contract. What is the best way to decide the situation? (10 points) 4. A poked a gun to B since B does not want to sell his valued property to A and then uttered these words, "Pirmahan mo ang Deed of Sale na ito, kung hindi uubusin ko ang lahi mo!!!". What is the status of A and B's contract? (10 points) 5. A is asking for the reformation of the instrument because he was allegedly deceived by B in agreeing that payment has to be made in 5 equal instalments only when in fact the payment should have been within a period of 12 months. Is this remedy correct? (10 points). -End