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Civil Law Review 2 - Balane - Finals 2012
Civil Law Review 2 - Balane - Finals 2012
. ATENEO DE tt,tANILA
School of Law
:NSTRUC丁 :ONS:
USE DARK!NK.
4︰
(200/0)
vf . (1o%l
vrf . (s%l
An option contract (OC) differs from a right of first
refusal (RFR) in that:
/'
t/ t^1. . .an OC constitutes a dqfinite offer to sell (or
buy) a thing whereas a RF-R-Effiains Jp-firm /
offer to sef f ;
(b) an OG refers to a specific
- -- thing whereas a RFR X
does not; 〃ρ
--/L ″
(c) an OG specifies a pUitce whereas a,RFR does ^f "
not;
(d) an OC requires a consideration distinct trom., , r/
the price whereas a REB-does-not\-+ C. -$
ry
(e) an OC is enforceable whereas a RFR is not; '--f"-a'
ヽO JndQabov&・ グ
(i) (a), (c), and (d) above.
10
VⅢ .(5%)
A suspensive⑩ nand aラ
夕pensivざ (lerrn)re
alike in the fo::Owing respectst 男
(a) they both referto a future eOent; /
″ ,
C a
:1絆』 ョ
C
(e)
瓢
all of the above;
〆
($ ) (a), (b), and (d) above;
/./
ゞ`趾
ヽ 多 (
Iy 2011 ´
i
イア
′場ハ
′/
シ
(a) the 19btOrs cl, Ray th'.e amOInt
つ even if the creditor is unwilling to accept;
″π (c)
(b) the creditor can demand the
′
entire
`チ
amount; 〆
the debtors can pay " @ of the debt
even without the creditorYconsent; \
︶ ‘
/ “ ¨
(011::嵩
綜翼L:=(Dfthe amount r/
同 獅。
蒲
rc ndべ 聖
dt°ρf tte/
(0 (a)and (d)abOve;/
(g) (a)and(C)abOVe.
,メ
ケ IIfaying but he,TuSt
/
笏 11:(ξ :ltilTSIFi」
轡
‐
/
シ/'
12
alit[:(Iil171, /
メ :I::[ill111[li■
(つ (a)and(d)abOve;
(g) nOne Ofthe above.
X。 (15%)
J^y, a 17 year-old lpoy, purchased a lot from
Manjng. The ed Of tte針
V叩 い多 警 deed of sale stated,
誠 戸in conformity \ryjth
Jay's representation
“ to Maning,tha
“ 翼■ 躍 喜 懲
os, upon the execution of the //2
Of 5≧ :じ ,representing one‐ ha:f ofthe
m
。碗
n
at which time the lot was to be turned over
(a) voidable;
(b) unenforceable; tA | .t
i.i voidable but later+at'iffi;- u^Wr?6
t{i both voidable and unenforceable; -< 4..b4
\(.0 voidable but validated by Jay's positivg. ,-a
\-/ misleplersnlalion;
(0 vil
(g) none of the above.4
2. Maning's refusal to accept the balance and to
deliver the lot: