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1.Professor Kevin Loching applied to teach accounting subjects at QCU. Thinking that Professor Loching is a Certified Public Accountant, the school accepted his application and allowed him to teach Cost Accounting, a major subject. Later, it was discovered that Loching is not a board passer. Can the school annul the contract of employment? Yes or No? Why. Explain with a legal basis.
2. Gino, an "ignorant and no read-no write" an avid follower of a religious congregation led by Pastor S, was informed by the latter that the end of the world is about to come and that he should now sell to Pastor S the riceland that Gino inherited from his parents for P1,000 only per hectare. Thinking that the advice of Pastor S is true, he sold his land at the price advised by his Pastor. Is the contract being under a voidable contract? Yes or No? Why. Explain with a legal basis.
3. Mahina threatened to file an election protest against Matapang, the winner, for alleged fraud and terrorism committed in the recent election. Matapang offered a compromise and the two entered into a contract that Mahina will not forego the protest anymore on the condition that after one year, Matapang will relinquish the position in favor of Mahina. Is the contract valid? Explain with a legal basis.
Purchases (all units purchased at the same price in given year):2010-150,000 units @ $3.50 each 2011-180,000 units @ $4.40 each
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