Question: please answer correct with valid reason, if you really have the knowledge of this question then answer , otherwise skip it John Lloyd Cruz, a

please answer correct with valid reason, if you really have the knowledge of this question then answer , otherwise skip it

please answer correct with valid reason, if you really have the knowledge

John Lloyd Cruz, a famous actor, bought a lotto ticket indicating his lucky numbers. After the scheduled draw. said ticket did not win any prize. Sarah, the president of his national fans club, offered to buy said lotto ticket to be kept as a souvenir. John Lloyd told Sarah that he is willing to sell it to her for P100. Sarah paid the P100 and received the lotto ticket. What is the status of the sale? O Rescissible Void Voidable O Valid

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!