If I give my car worth P900,000 to Jose in consideration of Jose's giving to me P300,000 cash, and a diamond ring worth P600,000, is the transaction a sale or a barter? Explain

 

2. S sold to B his piano. It was agreed that B would fi x the price a week later. At the appointed time B named the price — P900,000. S agreed. Is the sale perfected? Explain

 

3. A sold to B orally a particular parcel of land for P5,000. Delivery was made of the land. The payment of the price was to be made three months later. At the end of the period, B refused to pay, and claimed in his defense the Statute of Frauds. Is B correct? Explain

 

4. A sold to B a particular gold pen worth exactly P5,000. To be enforceable, does the sale have to be in writing? Explain

 

5. A sold to B a particular pen worth only P250. The sale was oral. It was agreed that delivery and payment were to be made after 2 years. At the stipulated period, A refused to deliver, alleging the Statute of Frauds as a defense. Is A correct? Explain

 

6. A has sold a baby grand piano to B, by private instrument for P500,000. In that contract of sale, which is the object, and which is the cause? Explain

Answer rating: 100% (QA)

1 The transaction described involving the car cash and diamond ring is a barter rather than a sale In a sale the consideration for the transfer of own... View the full answer