Reference no: EM133123023

Course: International Business and Trade

Topic: Form, Reformation, Interpretation Multiple Choice:

Which of the following may be a voidable contract?

a. An arranged marriage

b. A verbal pre-nuptial agreement

c. A polygamous marriage

d. A marriage of two persons of the same gender in the Philippines

Which of the following situations may have an unenforceable transaction?

a. A women promising in a phone conversation to pay her friend's lender

b. A drugstore selling expired medicine

c. A caretaker renting out US resident's Rockwell condominium for P5,000 a month

d. A landowner bullied into selling his land to a developer

Which of the following transactions may be rescissible?

a. Sale of a laptop by a minor

b. Sale of property of a losing litigant before the execution of judgement against him

c. Sale of unapproved COVID-19 vaccine

d. Sale of real property after the pandemic, sometime in 2023

Which of the following situations may involve a void agreement?

a. A legal guardian donating their ward's inherited condominium

b. A poorly educated house help agreeing to buy what they thought was imitation jewelry

c. A trade of cellphones between two 16-year-olds

d. A lover paying on the internet for the naming of a star after the beloved

Which of the following situations may actually involve a valid contract?

a. A financially troubled parent selling the house to his child

b. A college student betting on basketball "ending", or the last digits of the final score

c. A senior man transferring the condo title to his caretaker, in exchange for P100,000

d. Two severely drunk persons negotiating a swap of their cars