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