What is the status of the contract of donation

Assignment Help Business Law and Ethics

Reference no: EM133435197

Assignment:

ESSAY:

TIPS IN ANSWERING:

Know what is being asked. Take your time and read the questions carefully.

Answer in an orderly manner. YES/NO (if applicable) + legal basis (always cite your legal basis) Be direct to the point. Do not put statements which are irrelevant to the question. DO NOT LEAVE ANY QUESTION BLANK.

1) Fidel is already very old, yet he has a mistress who is still very young. His mistress has no stable job of her own unlike his wife, Klay. Fidel is worried about the future of his mistress. Thus, he came up with a plan, that is, he will execute a Contract of Sale in favor of his mistress. But then, since the mistress does not have any money of her own, Fidel sold his property to her at a very low price. His intention really is to enter into a Contract of Donation to the mistress.

a) Is the Contract of Sale absolutely simulated, or relatively simulated? Explain.

b) What is the status of the Contract of Donation? Explain.

2. Does "reverential fear" fall under the category of "undue influence" which vitiates consent? Why or why not?

Reference no: EM133435197

Questions Cloud

Effect of publishing a notice of intended distribution : The effect of publishing a Notice of Intended Distribution. What are the continuing responsibilities relating to the administration of the life estate?

Analyse the efficiency of deferred prosecution agreements : Analyse the efficiency of Deferred Prosecution Agreements (settlements) in deterring corporate crimes. Illustrate your arguments by using examples and cases.

Describe implications if the patient is a minor child : Why might discrimination be a legal issue in heath care setting. Describe implications if the patient is a minor child.

Investigate a designated california legal secondary source : Investigate a designated California legal secondary source. Provide a detailed description of source, an analysis of what it's best used for, what it offers.

What is the status of the contract of donation : Is the Contract of Sale absolutely simulated, or relatively simulated? Explain. What is the status of the Contract of Donation? Explain.

Discuss the biblical model of restitution : Explain why you do or do not believe that such a system would work. Consider the biblical model of restitution in your explanation.

Does freedom of speech cause people to release fake news : Does freedom of speech cause people to release fake news?

Why is freedom of speech so important for the media : Why is freedom of speech so important for the media and our society?

Essay on racial discrimination : Specifically, this year's essay is focused on racial discrimination and how it can be understood in terms of both issues of "recognition" and "redistribution."

User Account

All Pages