hw1-laws
TRANSCRIPT
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Homework No. 1
Sapalaran, Ma. Carmela P
ECE70/A11
TITLE I
CHAPTER 1
1. X saw at about one (1:00p.m.) in
te a!ternoon a "il# alone in a
soppin$ mall. %e "il# wo
stra&e# !rom ', is moter, was
in tears an# appeare# er&
un$r&. ut o! pit&, X too* imto a restaurant to eat !or wi" e
spent P1+0. ' #i# not $ie er
"onsent to te $oo# #ee# o! X.
urtermore, te& were on teir
wa& ome be!ore te "il# $ot
lost. -s X entitle# to be
reimburse# b& ' !or te amount
o! P1+0.. ile te "ar o! X was par*e# b&
te roa#si#e, it was bumpe# atte rear b& a eep belon$in$ to '.
nl& te "ar o! X su!!ere#
#ama$e. n#er te
"ir"umstan"es, #oes it !ollow tat
' is liable to X !or te #ama$e2
3. -n te same problem, as X te
ri$t to as* in#emnit& !rom 4,
emplo&er o! X, on te $roun#
tat wen te a""i#ent o""urre#
X was ten on is wa& to transa"tbusiness wit a "lient o! 42
5. 6 (#ebtor) borrowe# P10,000
!rom C ("re#itor). n te #ue
#ate o! te loan, 6 "ounl# not
pa& C be"ause e lost to a robber
te P10,000 inten#e# !or C. in
a##ition, e su!!ere# !inan"ial
reerses, an# e was sort o!
"as een !or is "urrent !amil&s
nee#s. -s 6 le$all& usti!ie# to
re!use to pa& C2
CHAPTER 2
1. S (seller) sol# to 8 (bu&er) on 9ul& +,
a orse name# Siler to be #eliere#on 9ul& 0. oweer, on 9ul& 1+, S
sol# a$ain an# #eliere# te orse to
%. o as a better ri$t to Siler2
. S sol# to 8 a spe"i!i" re!ri$erator
wi" S a$ree# to #elier not later
tan 9ul& 31, S #i# not #elier te
re!ri$erator on sai# #ate. -s S $uilt&
o! le$al #ela&23. S promise# to #elier to 8 a !emale
orse name# Su;ie on 9ul& 10. Su;ie$ae birt to a "olt on 9ul& +.
a) at are te obli$ations o! S2b) o as a ri$t to te "olt2
") o is te law!ul owner o! Su;ie
in "ase it was sol# an# #eliere#
b& S to % on 9ul&
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Se"tion 1.
1. 6 (#ebtor) borrowe# P0,000 !rom C
("re#itor) pa&able on or be!ore
Au$ust 30. 8e!ore te arrial o! te
#ue #ate, C a$ree# to te promise o!8 to pa& C i! 8 wants. Can C insist
tat 8 pa& not later tan Au$ust 302
. Suppose in te same problem, 6
obli$es imsel! to pa& C P10,000
a!ter C as pai# is obli$ation to %.
-s te obli$ation ali#2
3. S (seller) a$ree# to sell 8 (bu&er) a
spe"i!i" "ar !or P00,000, #elier& o!
te "ar an# te pa&ment o! te pri"e
to be ma#e on 9une 1+. Suppose S#eliere# te "ar on 9une 1+ but 8
!aile# to pa& te pri"e, wat are te
reme#ies o! S25. S sol# a par"el o! lan# to 8 !or
P50,000 pa&able in installments o!
P0,000 a &ear. %e lan# was
#eliere# to 8 wo obtaine#
ownersip tereo!. A!ter 8 a# pai#
P00,000, e "oul# no lon$er
"ontinuin$ pa&in$ in iew o!!inan"ial reerses but e was willin$
to pa& te balan"e o! P50,000 i!
$ien more time. %ereupon, S sue#
!or res"ission un#er Arti"le 11=1. -!
&ou were te u#$e, woul# &ou $rant
res"ission2
+. 6 (#ebtor) bin#s imsel! to pa& C
("re#itor) a sum o! mone&. >ie te
tree "ases wen te obli$ation o! 6
is #eman#able at on"e b& C2
Se"tion .
1. 6 (#ebtor) borrowe# P10,000 !rom C
("re#itor) at 1+? interest per annum
pa&able on 6e"ember 31. Can 6
re@uire C to a""ept pa&ment be!ore
6e"ember 312
. 6 bin#s imsel! to $ie P10,000 to C
upon te #eat o! te !ater o! 6. -s
te obli$ation o! 6 "on#itional or
one wit a perio#.3. 6 obtaine# a loan !rom C in te
amount o! P+0,000, pa&able on
Au$ust 10. As se"urit& !or is #ebt,
6 mort$a$e# is "ar in !aor o! C.
%e "ar, oweer, was substantiall&
#ama$e# witout te !ault o! 6.
at ri$ts, i! an&, #oes C ae
un#er te law2 Ma& C #eman#
pa&ment !rom 6 een be!ore Au$ust
102
Se"tion 3.
1. 6 (#ebtor) borrowe# P10,000 !rom C
("re#itor). -t was a$ree# tat 6 "oul#
pa& P10,000 or #elier is piano on
Au$ust . n Au$ust 0, 6
in!orme# C tat te !ormer woul#
#elier is piano. Can 6 still "an$e
is perio# "onsi#erin$ tat e was$ien te ri$t o! "oi"e2
. n#er a "ontra"t, X (obli$or)
promise# to #elier to ' (obli$ee)
item one, or item two, or item tree.
' was $ien te ri$t o! "oi"e.
at is te liabilit& o! X in "ase,
trou$ is !ault:(a) -tem two is lost or #estro&e#
(b) All te items are lost or
#estro&e#23. S (seller) sol# is %B set to 8
(bu&er) wo $ae S te option to
#elier instea# o! is re!ri$erator. -s
S liable to 8 in "ase te %B is lost
trou$ Ss !ault2
Se"tion 5.
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1. X, ', an# bin# temseles to pa&
P30,000. nl& X re"eie# te
mone& as per a$reement between X,
', an# . n te #ue #ate o! te
obli$ation, as te ri$t to
#eman# te !ull pa&ment o! P30,000
!rom alone2
. X, ', an# promise# to pa&
soli#aril& P30,000 on or be!ore
September 10 witout nee# o!
#eman#. n September =, X pai# te
wole P30,000 to .
(a) ow mu" "an X "olle"t !rom '
an# 2(b) Ma& X "olle"t interest !rom '
an# 2
(") Suppose turns out to be
insolent, ow mu" "an X
"olle"t !rom '2
3. A owes 8 an# C, soli#ar& "re#itors,
te sum o! P0,000:
(a) Can C "on#one te #ebt witout
te "onsent o! 82
(b) Can C assi$n is ri$ts witout
te "onsent o! 82
5. A, 8, an# C are soli#aril& liable to 6.or teir !ailure to pa&, 6 !ile# a
"omplaint in "ourt but onl& a$ainst
C. as C te ri$t to #eman# tat A
an# 8 be also in"lu#e# as part&
#e!en#ants2
+. A, 8, an# C, "oD owners, sol# a
printin$ e@uipment to 6. %e&
soli#aril& boun# temseles to
#elier te e@uipment on a "ertain
#ate. %rou$ te !ault o! C, te
e@uipment was "ompletel&
#estro&e#. >ie te ri$ts an#
obli$ations o! te parties.
Se"tion +.
1. A an# 8 bin# temseles to pa& C
teir loan o! P10,000 on a "ertain
#ate. -s te obli$ation #iisible or
in#iisible2
. A, 8, an# C obli$e temseles
ointl& to #elier to 6 a parti"ular
orse on a "ertain #ate. %e
a$reement amon$ A, 8, an# C wi"
was ma#e *nown to 6 is tat te&
will "ontribute te amount in bu&in$
te orse. %e orse was not
#eliere# on te #ue #ate be"ause o!
te !ailure o! 8 to $ie is sare o!
te pur"ase pri"e. State te ri$ts
an# obli$ations o! te parties.3. 6 !in#s imsel! to pa& is loans o!
P10,000 in !our e@ual montl&
installments. -s te obli$ation o! 6
#iisible or in#iisible2
Se"tion .
1. X promises to #elier to ' a spe"i!i"
orse. %eir "ontra"t "ontains a penal
"lause tat in "ase o! nonD
!ul!illment, X sall pa& a penalt& o!P10,000. X wants to ust pa& tat
penalt& instea# o! #elierin$ te
orse. as ' te ri$t to re!use to
a""ept te penalt& in lieu o! te
orse2
. -n te same problem, X was able to
sow tat ' #i# not su!!er an&
#ama$e b& Xs iolation o! is
obli$ation. Can ' still en!or"e te
penalt&23. -n te same problem, suppose X was
$uilt& o! ne$li$en"e in te
!ul!illment o! is obli$ation. -s X
liable !or #ama$es in a##ition to te
penalt&2
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CHAPTER 4
Se"tion 1.
1. 6 (#ebtor) owes C ("re#itor) P10,000wit > as $uarantor. n te #ue #ate
o! te obli$ation, %, a tir# person,
o!!ere# to pa& te obli$ation 6. Can
C le$all& re!use to a""ept te
pa&ment2 ow about an o!!er o!
pa&ment !rom >2
. M (ma*er) issue# a promissor& note
!or P10,000 in !aor o! P (pa&ee)
wo lost te note wi" was !oun#
b& % wo #eman#s pa&ment !rom M.M #i# not *now tat te note was
lost b& P. -s M usti!ie# in pa&in$ %2
3. 6 owes C P10,000 wi" was pai#
b& % wo #eman#s reimbursement
!rom 6.(a) en is 6 liable to %2
(b) en is 6 not liable to %2
(") en is 6 liable !or less tan
P10,000 to %2
(#) Ma& 6 be liable to % !or P1,000i! tat was te amount pai# b&
im to C2
5. 6 owes C P10,000. itout te
*nowle#$e o! C, 6 in $oo# !ait pai#
to % is obli$ation to C. -s 6
re@uire# b& law to proe tat te
pa&ment as been re"eie# b& C in
or#er to be release# !rom liabilit&2+. 6 owes C P10,000 in pa&ment !or
wi" C a""epts a "e"* !rom 6. nte $roun# tat a "e"* is not le$al
ten#er, C later insists tat 6 pa& im
in "as. -s 6 usti!ie# in ree"tin$ tis
#eman# o! C2
Se"tion .
1. X obli$e# imsel! to #elier to ' a
spe"i!i" "arabao to ' on 9ul& 31. %e
"arabao #ie# on 9ul& +. ' as no
proo! tat X was ne$li$ent. -s X
liable to '2
. X obli$es imsel! to #elier a
spe"i!i" tin$ to ' on a "ertain #ate.
%e tin$ was lost b& X witout is
!ault an# be!ore e as in"urre# in
#ela&. 6oes it mean tat X is alrea#&
eFempt !rom liabilit&2
3. Suppose in te pre"e#in$ problem,
te tin$ was lost trou$ te !ault
o! , a tir# person. State te e!!e"t
o! te loss as !ar as X, ', an# are
"on"erne#.
Se"tion 3.
1. 6 (#ebtor) borrowe# mone& !rom C
("re#itor) ei#en"e# b& a promissor&
note si$ne# b& 6.
(a) at presumption arises i!:1) %e promissor& note is
oluntaril& $ien b& C to 62
) -t is !oun# in te possession
o! 62(b) en will te presumption o!
remission arise2
. Suppose in te same problem, te
#ebt o! 6, asi#e !rom bein$
$uarantee# b& >, is se"ure# b& a
ple#$e o! a "erti!i"ate o! sares o!
sto"* #eliere# b& 6 to C. wat
presumption arises i!:(a) te #ebt o! 6 is "on#one# b& C2
(b) te "erti!i"ate is later !oun# in te
possession o! 62
Se"tion 5.
1. A, 8, an# C are ointl& liable to 6 in
te amount o! P1+,000.
Subse@uentl&, 6 assi$ne# is "re#it
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to C in "onsi#eration !or $oo#s sol#
b& C to 6. >ie te e!!e"t o! te
assi$nment.. Assumin$ te obli$ation o! A, 8, an#
C is soli#ar&, #istin$uis te e!!e"t o!
te assi$nment !rom te !irst
problem.
Se"tion +.
1. 6 borrowe# P+0,000 as "ara"ter
loan (no se"urit&) !rom a ban*.
6espite #eman#s !or pa&ment a!ter
te loan !ell #ue, 6 #i# not pa& te
ban*. 6 as a sain$s #eposit o!
P50,000 wit te ban*. as te ban*te ri$t to appl& te #eposit to te
pa&ment o! 6s #ebt2
. 6 owes C P10,000 pa&able on
Goember 0. C owes 6 P10,000
pa&able on "tober 0. Can
"ompensation also ta*e pla"e
altou$ te #ebts are not pa&able on
te same #ate2
3. -llustrate "ompensation wi" "an be
set up onl& b& one o! te parties.5. A!ter "ontra"tin$ a #ebt in te
amount o! P10,000 in !aor o! C, 6
su""ee#e# trou$ !rau#ulent means
to ma*e C liable to im in te same
amount. Assumin$ tat bot
obli$ations are now #ue, ma& te
two #ebts be "ompensate# a$ainst
ea" oter2 at is te e!!e"t i! te
#ebt o! C is later annulle# in "ourt at
te instan"e o! 62
Se"tion .
1. % (tir# person) tells C ("re#itor) tat
% will pa& te #ebt o! 6 (#ebtor). C
a$rees. -s 6 release# !rom is
obli$ation to C2
. Suppose in te aboe problem, 6
propose# to C tat % woul#
substitute 6 as te new #ebtor to
wi" C a$ree#. -s 6 still liable to C
in "ase o! insolen"& o! %2
3. % pai# C te #ebt o! 6 witout
obe"tion !rom te latter. at are
te ri$ts o! %H5. -llustrate a miFe# noation.
.
Title II
Chapter 1
1. A an# 8 entere# into a "ontra"t
not spe"i!i"all& proi#e# in te Ciil Co#e. -ste "ontra"t ali# an# bin#in$2
. S (seller) an# 8 (bu&er) entere#
into a "ontra"t o! sale. -t was a$ree# tat te
pri"e sall be #etermine# b& %, a tir# person.
Can S or 8 re!use to be boun# b& %s
#etermination o! te pri"e i! e #oes not a$ree
wit te amount tereo!2
3. 6 owes C P0,000. 8ot are
ouse painters. -t was a$ree# tat 6 instea# o!
pa&in$ C, will paint te ouse o! E to wi" E
eFpresse# is "on!ormit& to C wose seri"e as
painter was preiousl& "ontra"te# b& E. as 8
te ri$t to en!or"e te stipulation between C
an# 62
5. X ma#e an o!!i"e #es* !or '. Xtol# ' tat te latter ma& pa& wateer amount
e woul# li*e to pa& !or it. en te #es* was
!inise# ' o!!ere# to pa& P,000 but X instea#
#eman#e# P3,000, its !air alue. -s X entitle# to
P3,0002
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Chapter 2
Se"tion 1 Problems
1. -n a "ontra"t "ontainin$ an
option perio#, wen is te o!!erer not allowe# to
wit#raw is o!!er een be!ore a""eptan"e b&
te o!!eree2 en is te o!!erer allowe# to
wit#raw is o!!er een a!ter a""eptan"e2
. S sol# is ouse to 8 beliein$
tat 8 was C. Can S le$all& wit#raw !rom te
"ontra"t on te $roun# o! mista*e2
3. S a$ree# to #elier to 8 +00"aans o! ri"e at P00 per "aan. S #eliere#
onl& P5=0 "aans #eliberatel& misrepresentin$
tat te #elier& "onsiste# o! +00 "aans. Can 8
as* te "ourt to annul te "ontra"t on te $roun#
o! !rau#2
5. S sol# to 8 a "ommer"ial lan#
!or P1,000,000. S assure# 8 tat it is "ertain tat
in two &ears time, te lan# woul# in"rease in
mar*et alue b& +0? or P1,+00,000. -t turne#
out tat te mar*et alue o! te lan# een
#e"rease# to about P
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1. S (seller) an# 8 (bu&er) entere#
into a "ontra"t o! sale o! a par"el o! lan#. %e
sale is embo#ie# onl& in a priate #o"ument an#
not in a publi" instrument be"ause it was not
a"*nowle#$e# be!ore a notar& publi" as re@uire#
b& law. -s te sale ali#2
. -n te same eFample, wat
ri$ts, i! an&, are a"@uire# b& te "ontra"tin$
parties2
Chapter 4
1. S sol# is orse IXJ to 8 un#er
a written "ontra"t o! sale. at 8 tou$t S was
sellin$ im is orse I'J. Can S as* !or te
re!ormation o! te "ontra"t a$ainst te obe"tion
o! 8 wo is a$reeable to te sale o! orse IXJ2
. Suppose in te same eFample, S
was inten#in$ to sell is orse I'.J >ie te
tree (3) "ases wen e "an as* !or te
re!ormation o! te "ontra"t.
Chapter 5
1. S sol# to 8 is "on#ominium
unit Iin"lu#in$ all its "ontents.J -n te unit, tere
is an anti@ue "air belon$in$ to X wi" X
a$ree# to sell to S. -s te "air to be in"lu#e# in
te sale o! te unit2
. X, ar"ite"t, #esi$ne# an#superise# te "onstru"tion o! te ouse o! '.
%e parties !aile# to a$ree be!orean# te
pro!essional !ee o! X. ow mu" is ' boun# to
pa& X2
3. Suppose in te same problem,
te pro!essional !ee was a$ree# upon, but it is
not "lear !rom te written "ontra"t prepare# b&
X upon te re@uest o! ' weter it soul# be te
!iFe# amount o! P00,000 or ? o! te "ost o!
"onstru"tion. ow mu" is ' liable to pa&2
Chapter 6
1. 6 owes C P100,000. Sin"e 6
!ails to pa&, C eFpresse# its willin$ness to a""ept
te "ar o! 6, wit te same alue, more or less,
in pa&ment o! is #ebt. 6, in ba# !ait, sol# te
"ar to X. as C te ri$t to as* !or te res"ission
o! te sale2
. , $uar#ian o! M (minor), sol#
to 8 a propert& o! M wit a mar*et alue o!
P+0,000 !or onl& P37,000, or a #i!!eren"e o!
more tan K (P1,+00) o! te alue. -! te
res"ission o! te sale is #eman#e#, wat possible
#e!ense un#er te law "an 8 present to aoi#
res"ission2
Chapter 7
1. S, a minor, sol# a propert& to 8.
Later, te sale is annulle# on te $roun# o! te
minorit& o! S. -s S boun# to return te pri"e
re"eie# b& im2
. -n te same problem, suppose S,
upon rea"in$ te a$e o! maorit&, #e"i#e# to
rati!& or respe"t te "ontra"t. as 8 te ri$t to
re!use te rati!i"ation an# #eman# mutual
restitution o! te propert& an# te pri"e2
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3. A$ain, in te same problem,
suppose te sale was annulle# b& te "ourt, wat
are te ri$ts o! te parties i! te propert& was
lost or #estro&e#2
a. itout te !ault o! 82
b. %rou$ te !ault o! 82
Chapter
1. -, an insane person, entere# into
"ontra"t wit M, a minor. at is te e!!e"t o!
rati!i"ation
a. 8& eiter an#
b. 8& bot, a!ter be"omin$
in"apa"itate#2
. 6 (#ebtor) owes C ("re#itor)
P10,000. % (tir# person) orall& promise# to
assume te obli$ation o! 6. Can te promise o!
% be proe# b& te testimon& o! a witness wo
was present wen % ma#e te same2
3. S orall& a$ree# to sell is piano
!or P7,000 to 8 wo ma#e a partial pa&ment o!
P1,000. Later, S #enie# tere was su" a sale.
Can 8 en!or"e te sale "onsi#erin$ tat te
"ontra"t was oral an# te pri"e was more tan
P+002
Chapter !
1. S (seller) an# 8 (bu&er) entere#
an absolutel& simulate# "ontra"t o! sale o! a
par"el o! lan#. S brou$t a"tion in "ourt to
re"oer te lan# onl& a!ter 0 &ears. -s it "orre"t
!or te "ourt to #ismiss te a"tion be"ause o! te
lon$ lapse o! time2
. -n "onsi#eration o! P10,000
$ien b& X to ', te latter a$ree# to burn te
ouse o! . Later, X tol# ' to !or$et te
a$reement an# to return te mone&. ' re!use#. -s
X entitle# to re"oer !rom '2
3. (woman) a$ree# to sta& in
te ouse o! M (man) as te latters lieDin
partner !or one &ear in "onsi#eration o! telatters promise to pa& er P100,000 a!ter sai#
perio#. "ompile# wit er part o! te
a$reement but M rene$e# on is promise. -s
entitle# to re"oer !rom M2
Title III
1. C ("re#itor) sue# 6 (#ebtor) !or
nonpa&ment o! te latters obli$ation. 6 won te
"ase on a te"ni"alit& (i.e., not on te merits).
Geerteless, wen C as*e# pa&ment a$ain, 6
pai# im. Gow, 6 #eman#s te return o! wat e
as pai# "laimin$, e soul# not ae pai# C
sin"e e a# no more obli$ation to C un#er te
law. 6e"i#e.
. M, a minor, bou$t a bi"&"le !or
P,000 !rom G, wo is not a minor. n#er te
law, te "ontra"t is oi#able be"ause M is
in"apa"itate# to $ie "onsent be"ause o! is
minorit&. >ie te situation b& reason o! wi"
M "annot re"oer te P,000 !rom G.