QUIZ 3
MARCH 27, 2021
BIROSEL, SATCHEL ADRIENNE A.
1. transfer
2. deliver
3. licit
4. delivered
5. sell
6. does not
7. meeting
8. delivery
9. ownership
10. reciprocally
11. personal
12. vendee
13. two
14. void
15. vendor
16. special laws
Multiple Choice
17. D
18. C
19. A
20. C
21. B
22. B
23. A
24. B
25. D
26. D
27. B
28. A
Part III
1. Sale by Installment - it is a kind of sale wherein the seller allows the buyer to make
payments over an extended period.
2. Sale on Trial - ownership of the good remains with the seller despite the delivery but
ownership shall be transferred to the buyer itself.
3. Sale by Auction - this is where several numbers of buyers bid for the highest price fro the
product that the seller sells.
4. Sale or Return - it is an arrangement by which a retailer pays only for the goods that got
sold and return those that aren’t.
5. Necessaries - it is a good, or service that can be considered as necessary.
PART IV.
1. The sale is valid as long as the deed of sale did not state how much will be the payment.
However, if it does, the amount should be at least 1,000,000.00
2. Reden can file a warranty against hidden defects because even if the seller did not
mention anything about the warranty, the seller is still responsible for the thing being
sold. However, Reden can't file if the seller told reden not to assume any warranty as it is
possible.