Reference no: EM132494000

Questions -

Q1. Raul has several parcels of lot. He borrowed money from Paul secured by a mortgage of one of his lots, Lot 324A. Later, since Raul has no money and he did not want the mortgaged lot to be sold, he made it appear that he donated the property to his friend, Ana, in order to avoid Paul. Can Paul rescind the contract? Explain what Paul can do.

Q2. Ursula the guardian of Pet, a minor, bought the lot of Pet in the amount of P200,000.00 when the real value of it is 500,000.00. In order to make the sale convenient, Ursula used a friend, Jerome as the buyer of the said lot. Unbeknownst to Usrula, Jerome is 17 years old when she used him as a buyer. What is the status of the contract of sale? Explain.

Q3. Andrea bought 60 bags of wheat flour from Robina. However, after delivery, Andrea found out that the 40 of the bags were not wheat flour but corn starch. What is the status of the contract? What can Andrea do? Explain.

Q4. Don was checking out of a hotel when he found out that he had lost his wallet. Since he had no money to pay his bills, He texted Grant, a business friend to help him. Upon reading the text message, Grant texted Man, the hotel manager, who knew Grant, a valued customer. The text message read: Please let Don leave. If he does not pay, I will be the one to pay. No other information was contained in the text message. Thereafter, Don signed a promissory note in favor of the hotel. Is the promise of Grant enforceable? Explain.

Q5. Drake owes the following creditors: Ana, P50,00; Ben, P60,000; and Cain P90,000. He has assets valued P400,000. Subsequently, Drake donated, among his assets, a parcel of land valued at P250,000 to Eric. The donation and acceptance were made in a public instrument. What is the status of the donation of the land made by Drake to Eric? Explain.

Q6. San, insane, orally sold his radio to Bon, 17 years old for P400. When Tan, the mother of San learned about the sale, she asked San to give to her the amount that he had received. San obediently gave the amount of P400 which his mother used to buy their food. What is the status of contract? Explain.