TEST SAMPLE 3
LAW ON SALES
8. The sale of an expected thing
1. As a rule, this contract of sale involving a piece of
land is void,
A. Dacion en pago
C. Emptio spei
B. Payment by cession
D. Emptio rei-speratae
9. The sale of the hope itself
A. Between a minor and a capacitated person.
B. Between two insane persons who did not act during
lucid interval
C. Between first degree cousins
D. Between husband and wife
2. X, 17 years old, sold to Z, of legal age, her necklace
worth P20,000 for P15,000. Later, Z sold the necklace
to Y for P20,000. Which of the following statements is
correct?
A. X has got a voidable title because at the time of
sale, she is a minor
B. X can ask for rescission of the sale to Y because she
suffered a lesion of more than ¼ of the value of the
property.
C. If Y is in bad faith, Y becomes the owner of the
necklace upon delivery to him but his title is voidable.
D. X can ask for the annulment of the sale to Y because
at the time of sale she is a minor.
3. This serves as a proof of the perfection of the
contract of sale
A. Dacion en pago
C. Delivery
B. Option money
D. Arras
4. A contract of sale is not a(an)
A. Onerous contract
C. Commutative contract
B. Accessory contract
D. Bilateral contract
5. Warranty against hidden defects is
A. An essential element
C. An accidental element
B. A natural element
D. An artificial element
7. When a sale of a piece of land or any interest
therein is through an agent, the authority of the agent
shall be in writing, otherwise the sale is
A. Valid
C. Unenforceable
B. Voidable
D. Void
A. Dacion en pago
C. Emptio spei
B. Payment by cession
D. Emptio rei-speratae
10. One of the following is not correct
A. Things subject to a resolutory condition may be the
object of the contract of sale.
B. A thing is generic when it is particularly designated
or physically segregated from all others of the same
class.
C. Things having a potential existence may be the
object of the contract of sale.
D. The sole owner of a thing may sell an undivided
interest therein
11. X needs a size of 10 of model 101 of Leather Shoes
regularly available to the public for her boyfriend Z,
but the same is out of stock so she placed an order for
one. On the other hand, Z placed an order for size No.
8, colored violet, (something not ordinarily made by
the company) to be given to X. Which is correct?
A. Both are contracts of sale
B. Both are contracts for a piece of work
C. First is a contract of sale second is a contract for a
piece of work
D. First is a contract for a piece of work, second is a
contract of sale
12. V offered to sell for P12,000,000 her house and lot
to DD who was interested in buying the same. In her
letter to DD, V stated that she is giving DD a period of
one month within which to raise the amount and that
as soon as DD is ready, they will sign the deed of sale.
Five days before the expiration of the one month
period. V went to DD and told her that she is no longer
willing to sell the property unless the price in
increased to P15,000,000. Which is correct?
A. DD may compel V to accept the P12,000,000 first
offered.
B. V may compel DD to pay P15,000,000
C. V and DD should shoulder the P3,000,000 difference
D. DD cannot compel V to accept the P12,000,000 first
offered
13. If the object of the contract is specially made or
manufactured at the specific order of another, it is a
contract for a piece of work. This is
A. English rule
C. New York rule
B. Massachusetts rule
D. Chicago rule
14. If the article already exists and subsequently
acquired by another, it is a contract of sale, and if the
article is still to be manufactured at the instance of
another, it is a contract for a piece of work. This is
A. English rule
C. New York rule
B. Massachusetts rule
D. Chicago rule
15. If the material used in the manufacturer of the
article is more valuable, it is a contract of sale, and if
the labor or skill is more valuable than the material
used in the manufacture of the article, it is a contract
for a piece of work. This is
A. English rule
C. New York rule
B. Massachusetts rule
D. Chicago rule
16. The rule observed in the Philippines is
A. English rule
C. New York rule
B. Massachusetts rule
D. Chicago rule
17. The Realty Installment Buyer Protection Act applies
to all transactions involving the sale or financing of
real estate on installment but it excludes the following
except:
A. Sale or financing of industrial lots
B. Sale or financing of commercial building
C. Sale to tenants under the Land Reform Code
D. Sale of residential condominiums
18. Delivery by merely pointing to the object of sale if
it cannot be delivered to the vendee at the time of the
sale is
A. Traditio longa manu
B. Traditio brevi manu
C. Traditio constitutum possessorium
D. Traditio symbolica
19. Effected when the object of sale is already in the
possession of the vendee at the time of sale so that
delivery need no longer be made is
A. Traditio longa manu
B. Traditio brevi manu
C. Traditio constitutum possessorium
D. Traditio symbolica
20. When the owner of the thing sells it to vendee, but
continues to have possession or occupation of the
thing not as owner but as tenant or lessee
A. Traditio longa manu
B. Traditio brevi manu
C. Traditio constitutum possessorium
D. Traditio symbolica
21. Goods are deemed in transit
A. When the buyer accepts delivery of the goods upon
arrival at destination
B. When the buyer intercepts and lawfully takes
possession of the goods at any point before
destination.
C. From the time they are delivered by the seller to a
common carrier or other bailee for transmission to the
buyer, up to the time that the buyer or his agent takes
delivery of the goods from the carrier or bailee.
D. When the carrier or bailee, upon arrival of the
goods at destination acknowledges to the buyer or his
agent that he is holding the goods as bailee for the
latter.
22. Goods are deemed no longer in transit
A. If the goods are rejected by the buyer for a valid
reason and the carrier or other bailee continues in
possession of them, even if the seller has refused to
receive them back.
B. From the time they are delivered to a carrier by
land, water or air for the purpose of transmission to
the buyer.
C. From the time they are delivered to a bailee for the
purpose of transmission to the buyer until the buyer
or his agent in that behalf, takes delivery of them from
such bailee.
D. If the carrier or other bailee wrongfully refuses to
deliver the goods to the buyer or his agent in that
behalf.
23. X sold to V orally a parcel of land for P200,000. X
effected the delivery of the land. The payment of the
price was to be made three month later. At the end of
three month period
27. Action by the vendee against the vendor to nullify
the sale due to some vices or defects which render the
object of sale unfit for the use intended or knowledge
of which the vendee should not have bought the thing
A. V may refuse to pay claiming in his defense the
Statute of Frauds
B. V may return the parcel of land to X
C. X can collect from V because the contract has
already been executed
D. V may refuse to pay on the ground that there is no
written contract to support the sale.
A. Accion quanti minoris
B. Accion reinvidicatoria
C. Accion pauliana
D. Redhibilitory action
24. On January 15, 2010, X sold for P2M her house and
lot to V. It was agreed that delivery of the house and
lot, and the payment therefore, would be made on
March 10, 2010. Unfortunately, Z a stranger
negligently set the house on fire on February 25, 2010,
and the house was completely destroyed. Which is
correct?
A. V is not required to pay the P2M since the contract
had no subject matter.
B. X must still deliver the lot but is excused from
delivering the house, while V must still pay the P2M
C. X must deliver the lot while V should pay only the
amount equivalent to the value of the lot.
D. X need not deliver the lot while V need not pay the
P2M
25. If immovable property should have been sold to
different vendees, the ownership shall be transferred
to the person
A. Who have first taken possession in good faith
B. Who presents the oldest title in good faith
C. Who in good faith first recorded it in the Registry of
Property
D. Who have paid in good faith the purchase price in
full
26. Using the preceding number, if movable property,
it shall belong to the person
A. Who have paid in good the purchase price in full
B. Who in good faith first recorded it in the Registry of
Property
C. Who presents the oldest title in good faith
D. Who have first taken possession in good faith
28. Action to seek a corresponding reduction in price
by reason of some vices or defects in the thing
purchased
A. Accion quanti minoris
B. Accion reinvidicatoria
C. Accion pauliana
D. Redhibilitory action
29. The redhibitory action based on the faults or
defects of animals must be brought within
A. 30 days from delivery to the vendee
B. 40 days from delivery to the vendee
C. 45 days from delivery to the vendee
D. 6 months from delivery to the vendee
30. In contract of sale, if the price is absolutely
simulated, the sale is
A. Unenforceable
C. Void
B. Voidable
D. Rescissible
31. In a contract of sale, of personal property, the
price of which is payable in installments, the vendor
may exercise any of the following remedies, except
A. Exact fulfillment of the obligation, should the
vendee fail to pay any installment
B. Cancel the sale, should the vendee’s failure to pay
cover two or more installment
C. Foreclose the chattel mortgage on the thing sold, if
one has been constituted should the vendee’s failure
to pay cover two or more installments
D. Rescind the sale should the vendee fail to pay any
installment.
32. The right of the seller to stop goods in transit,
upon discovering that the buyer does not have the
funds to pay for the goods
A. Pre-emptive right
B. Appraisal right
C. Voting right
D. Right of stoppage in transit
33. A sold to B a parcel of land for P3.8M. The sale is
evidenced by a memorandum of agreement of sale
written in the Bicolano dialect. One week later, A sold
the same parcel of land to C for P4M. This is evidenced
by a formal deed of sale. Upon buying the property, C,
who was aware of the first sale immediately took
possession of the lot. When informed of the second
sale, B subsequently registered an adverse claim to the
property. Later, C registered the deed of sale in her
favor. The parcel of land shall belong to
A. B because he has got an older title
B. C because he is the first to register
C. C because he is the first to take possession
D. No one as both sales are void
34. Voluntary renunciation made by the buyer of his
right to warranty against eviction where in case the
buyer is evicted, the seller is liable to the value of the
thing at the time of eviction.
A. Waiver intentionada
C. Waiver cursunada
B. Waiver consciente
D. Waiver inocente
35. Using the preceding number, where the seller is no
longer liable
A. Waiver intentionada
C. Waiver cursunada
B. Waiver consciente
D. Waiver inocente
36. A contract of sale whereby the seller acquires the
right to redeem or repurchase the object of the sale
from the buyer within a certain period agreed upon
A. Equitable mortgage
C. On sale or return
B. Absolute sale
D. Pacto de retro sale
37. A sold to B his car and promised to deliver ten days
later. The next day, after the sale to B, A sold the same
car to C and immediately affected delivery. On the day
agreed upon, A did not deliver the car to B. Which is
correct?
A. B can cancel the contract between A and C, because
the contract between A and B was perfected ahead of
the contract between A and C
B. B should make the demand to make A in default
C. A is liable to B for the value of the car plus damages
after B makes a demand
D. A is liable to B for damages and is in default without
need of any demand
38. X sold to V her Yamaha organ. It was agreed that X
would fix the price a week later. At the agreed time, X
named the price P10,000. V agreed. Was the sale
perfected?
A. No, because the price was left to the discretion of
one of the contracting parties
B. No, because at the time of sale the price was not
fixed
C. Yes, because the price fixed by one of the parties
was accepted by the other
D. Yes, because there was agreement that X would fix
the price
39. Not an implied warranty in a contract of sale
A. Right to sell the thing at the time of perfection of
the contract
B. Reasonably fit for the purpose they are acquired
C. Merchantable in quality
D. Free from charges or encumbrances not declared or
known to the buyer
40. After the death of C, A, C’s son, sold his inheritance
though its amount has not yet been determined to B
for a consideration of P1,000,000. Which is correct?
A. The contract is valid if the value of inheritance is at
least equal to P1,000,000
B. The contract is valid even though the inheritance to
be turned over to B is less than
P1M
C. The contract is void as future inheritance cannot be
the object of sale
D. The contract is unenforceable
41. X stole a fountain pen from P and sold it to Z
Merchandise, a “store for pens”, which paid for it in
good faith, not knowing it was stolen. The “store” then
sold it to C, a student. Which is correct?
A. C cannot be considered as the owner because the
original seller (X) is not the real owner.
B. P may recover the fountain pen from C without
reimbursement because he is the legal owner.
C. C became the owner because he purchased the pen
from a merchant store
D. C became the owner regardless of whether the
seller is a store for pens or not because C bought it in
good faith.
42. When goods are delivered to the buyer on “sale or
return” for period of seven days, ownership of the
goods passes to the buyer
A. Upon perfection of the contract
B. Upon acceptance by the buyer of the offer of the
seller
C. Upon expiration of seven days
D. Upon delivery of the goods
43. Quasi-traditio is equivalent to
A. Traditio longa manu
B. Traditio brevi manu
C. Traditio constitutum possessorium
D. Execution of a public instrument
44. Vi imported radios from Taiwan and asked for 220
volts radios. The radios arrived clearly labeled 220
volts and Vi sold them to the public as such. Later the
customer complained that the radios have been
mislabeled by the manufacturer and that they were
good only for 110 volts. As a consequence
A. Vi is liable to the vendees for any hidden defects
even though he is not aware.
B. Vi is not liable because he is in good faith
C. Vi is not liable under the principle of “caveat
emptor” or let the buyer beware
D. The vendees may hold the manufacturer liable but
not Vi because Vi specifically asked for 220 volts
45. If the redemption is to be made by the seller, one
of the following need not be given to the Buyer
A. Expenses of the contract
B. Interest on the price of the sale
C. Necessary expenses on the thing sold
D. Price of the sale
46. Not an element of the sellers right of stoppage in
transit
A. The goods must be in transit
B. The buyer must be insolvent
C. The seller must be in possession of the goods
D. The seller must be unpaid
47. A sold his only car to B for P300,000 to be paid as
follows: P150,000 upon delivery of the car to B and the
balance at P10,000 per month until full payment of the
purchase price. Later the car gets burned in the
possession of B through fortuitous event and without
B’s fault, before full payment of the balance. Is B
obliged to pay the balance?
A. No, because the car was lost through fortuitous
event and without B’s fault, hence B’s obligation is
extinguished.
B. No, because the loss should be borne by the seller
as this an installment sale so until the buyer pays the
full amount of the price of the sale, A remains to be
the owner.
C. Yes, but A must give another car to B because of the
principle “genus nunquam perit” or generic thing
never perishes
D. Yes, because the principle “res perit domino” or the
thing perishes with the owner.
48. A, B and C are co-owners of an undivided parcel of
land, A sold his 1/ 3 interest to B absolutely. Which is
correct?
A. C may exercise his right of redemption of the
interest sold by A to B
B. C cannot exercise the right of redemption because
the sale was made in favor of a co-owner
C. The sale made by A to B is void because it was not
made in favor of a stranger
D. C may redeem only 1 /2 of the interest sold by A to
B
49. Using the preceding number, suppose, instead of
selling his interest to B, A sold it to D, who can exercise
the right of redemption?
A. Both B and C
C. C but not B
B. B but not C
D. A, B and C
50. Which of the following cannot be the object of a
contract of sale?
legal purposes, X has fulfilled her obligation to deliver
the mango fruits to V by
A. Sale of credit
B. Young animal not yet conceived at the time of
perfection
C. Land which the seller expects to buy
D. Future inheritance
A. Traditio longa manu
B. Traditio brevi manu
C. Traditio constitutum possessorium
D. Execution of a public instrument
51. A offered for sale to B 20 cavans of wagwag rice
and fixed the price per cavan at P10 over the price
offered at Z’s store in Cainta Market. The price is
A. Not certain because the price at Cainta Market is
not stated
B. Certain because it has got reference to another
thing which is certain
C. Certain because there is a price ceiling for price of
land
D. Not certain so court may fix the price
52. X sold his motor vehicle to V who bought it for
P200,000. It turned out however, that X has 2 motor
vehicles: Toyota valued at P230,000 and Lancer valued
at P220,000. Which is correct?
55. X sold her specific car to V for P200,00 payable in 5
equal installments. X delivered the car to V but a
mortgage was constituted on the car to answer for the
unpaid installments. V paid the first 2 installments but
failed to pay the last 3 installments. X foreclosed the
mortgaged property and sold it at public auction for
P100,000. Which is correct?
A. X can recover from V the balance of P20,000 even if
there is no stipulation to that effect
B. X can recover from V the balance of P20,000 if there
is stipulation to that effect
C. X cannot recover the deficiency except if there is
stipulation to that effect
D. X cannot recover the deficiency even if there is
stipulation to the contrary
56. Ownership of the thing sold is
A. There is no contract of sale between X and V
B. The parties may ask for interpretation or
reformation
C. The parties can ask for annulment of the contract
D. V may choose between the Toyota or Lancer
53. X offers to V 100 electric fans for P80,000 payable
in 60 days with 12% interest per annum. V accepted
the offer by telegram provided that interest is reduced
to 6%. If there is no further communication between X
and V relating to the terms
A. The contract is perfected because of the acceptance
by V
B. There is no contract yet between X and V because V
made a counter offer
C. The contract is perfected under the terms of X
D. There is no contract yet unless v gives earnest
money
54. X owns 50 mango trees bearing fruits, ready for
harvest. She told all the fruits of all the trees to V who
paid P100,000. X told V that he can harvest her fruits
anytime he likes and pointing at the mango trees. For
A. Retained by the seller in “sale or return
B. Transferred to the buyer upon constructive or
actual delivery of the thing sold
C. Acquired by the buyer upon perfection of the
contract
D. Transferred to the buyer upon acceptance of the
price
57. X sold his horse to Y for P40,000. No payment has
yet been made and the sales document does not
provide the date of delivery. Before delivery and
payment the horse gave birth to a baby horse, which is
correct?
A. Y is entitled to the baby horse which was born after
the perfection of the contract
B. X is entitled to the fruit (baby horse) as Y has not
paid the price yet
C. X is entitled to the (baby horse) because it was born
before his obligation to deliver arises
D. Y should pay additional amount for the baby horse
to be entitled to it
58. A contract of sale is in the stage of conception
when
A. There is meeting of the minds
B. Negotiations are in progress
C. The parties come to an agreement
D. The contract is perfect
59. A seller sold to a buyer a piece of jewelry at a
price of P25,000. The contract provides that the buyer
will pay the seller cash, P20,000 and for the balance,
the buyer will give the seller a micro oven worth
P5,000. What is the nature of the contract?
A. Sale
C. Barter
B. Partly sale partly barter
D. Commodatum
60. X, the guardian of V, sold V’s house and lot worth
P480,0000 for P430,000
A. The contract can be rescinded because of
inadequacy of price
B. The contract cannot be rescinded because there is
no fraud, mistake or undue influence
C. The contract cannot be rescinded because all the
elements of a contract are present
D. The contract can be rescinded by X.
61. X leased to V a 5 Freezer for two years at a lease
rental fee of P1,000 per month and signed an option in
favor of V to buy the freezers at the end of the term of
the lease at P50,000. All rental fee paid are to be
considered as partial payment of the sale. After 12
months V was able to pay the rental fee for 9 months
and was in arrears for three months. X terminated the
lease contract and repossessed the freezers. The
consequence of the transaction is
A. X can collect the rental fees for three months which
are in arrears.
B. X can collect the rental fees for the unexpired 12
months of the lease contract.
C. When X took possession of the freezer, he has no
further action against V
D. X in terminating the lease and repossessing the
freezer is obliged to refund the 9 months rental fee,
paid by V even if there is a stipulation to the contrary.
62. X sold his car to Z for P60,000. No date was fixed
for the performance of the obligation of the seller and
the buyer. The obligation of X is
A. To deliver the car immediately because the sale is a
perfected contract
B. To deliver the car only after Z writes to X demanding
the delivery of the car.
C. To deliver the car only after Z pays the P60,000
D. To rescind the contract because there is no time
fixed for the delivery
63. I. The vendor need not be the owner at the time
the sale is perfected. It is sufficient that he is the
owner at the time the thing sold is delivered.
II. The sale of a vain hope or expectancy is
voidable.
A. First statement is true, second statement is false.
B. First statement is false, second statement is true.
C. Both statements are true.
D. Both statements are false.
64. I. There may be a contract of sale of goods, whose
acquisition by the seller depends upon a contingency
which may or may not happen.
II. If the consideration of the contract consists
partly in money and partly in another thing, it shall be
considered a barter if the value of the thing given as a
part of the consideration exceeds the amount of the
money or its equivalent.
A. First statement is true, second statement is false.
B. First statement is false, second statement is true.
C. Both statements are true.
D. Both statements are false
65. I. If the price is grossly inadequate, the sale is
void.
II. Whenever option money is given in a contract of
sale, it shall be considered as part of the price and a
proof of the perfection of the contract.
A. First statement is true, second statement is false.
B. First statement is false, second statement is true.
C. Both statements are true.
D. Both statements are false
66. I. Earnest money and option money both apply to
perfected sale.
II. In a contract of sale of personal property the
price of which is payable in installment, the vendor
may cancel the sale should the vendee fail to pay.
A. First statement is true, second statement is false.
B. First statement is false, second statement is true.
C. Both statements are true.
D. Both statements are false
67. I. Should the vendee’s failure to pay, cover two or
more installments, the vendor may foreclose the
chattel mortgage on the thing sold but he shall have
no further action against the purchaser to recover any
unpaid balance of the price, except if there is an
agreement to the contrary.
II. Sale is a consensual contract, therefore delivery
or payment is not essential for perfection.
A. First statement is true, second statement is false.
B. First statement is false, second statement is true.
C. Both statements are true.
D. Both statements are false
68. I. The ownership of the thing sold shall be
transferred to the vendee upon perfection of the
contract.
II. An unaccepted unilateral promise to buy or to
sell a determinate thing for a price certain is binding
upon the promissory.
A. First statement is true, second statement is false.
B. First statement is false, second statement is true.
C. Both statements are true.
D. Both statements are false
69. I. The husband and the wife cannot sell property
to each other, as a rule.
II. The sale of a piece of land or interest therein
when made thru an agent is void unless the agent’s
authority is in writing even if the sale itself is in s
public instrument and has been registered.
A. First statement is true, second statement is false.
B. First statement is false, second statement is true.
C. Both statements are true.
D. Both statements are false
70. I. The expenses for the execution and registration
of the sale shall be borne by the vendee, unless there
is a stipulation to the contrary.
II. If the same thing should have been sold to
different vendees the ownership shall be transferred
to the person who may have taken possession thereof
in good faith.
A. First statement is true, second statement is false.
B. First statement is false, second statement is true.
C. Both statements are true.
D. Both statements are false
71. I. Any stipulation exempting the vendor from the
obligation to answer for eviction shall be void.
II. The vendor is responsible to the vendee for any
hidden faults or defects in the thing sold only if he was
aware thereof.
A. First statement is true, second statement is false.
B. First statement is false, second statement is true.
C. Both statements are true.
D. Both statements are false
72. I. If the animal sold should die within three (3)
days after its purchase, the vendor shall be liable to
the vendee.
II. The fixing of the price can never be left to the
discretion on one of the contracting parties. However,
if the price fixed by one of the parties is accepted by
the other, the sale is perfected.
A. First statement is true, second statement is false.
B. First statement is false, second statement is true.
C. Both statements are true.
D. Both statements are false
73. I. Option money is considered as part of the
purchase price while earnest money is not.
II. The Maceda Law refers to the sale of personal
property by installments while the Recto Law refers to
the sale of real property by installments.
A. First statement is true, second statement is false.
B. First statement is false, second statement is true.
C. Both statements are true.
D. Both statements are false
74. I. If two or more animals are sold together,
whether for lump sum or for a separate price for each
of them, the redhibitory defect of one shall give rise to
the redhibition of the others.
II. There is no warranty against hidden defects of
animals sold at fairs or at public auctions or of
livestock sold as condemned.
A. First statement is true, second statement is false.
B. First statement is false, second statement is true.
C. Both statements are true.
D. Both statements are false
A. First statement is true, second statement is false.
B. First statement is false, second statement is true.
C. Both statements are true.
D. Both statements are false
75. I. The ownership in the thing shall not pass to the
purchaser until he has fully paid the price.
II. If at the time the contract of sale is perfected,
the thing which is the object of the contract has been
partially lost, the contract shall be without effect.
A. First statement is true, second statement is false.
B. First statement is false, second statement is true.
C. Both statements are true.
D. Both statements are false
76. I. Where the seller of goods has a voidable title
thereto, but his title has not been avoided at the time
of the sale, the buyer acquires a good title to the
goods.
II. If the vendee has renounced the right to
warranty in case of eviction, and eviction should take
place, the vendor shall only pay the value which the
thing sold had at the time of sale.
A. First statement is true, second statement is false.
B. First statement is false, second statement is true.
C. Both statements are true.
D. Both statements are false
77. I. Unless otherwise agreed, the buyer of goods is
not bound to accept delivery thereof by installment.
II. In case of doubt, a contract purporting to be an
equitable mortgage shall be construed as a sale with a
right to repurchase.
A. First statement is true, second statement is false.
B. First statement is false, second statement is true.
C. Both statements are true.
D. Both statements are false
78. I. The creditors of the vendor cannot make use of
the right of redemption against the vendee, until they
have exhausted the property of the vendor.
II. Sale is a real contract because delivery is
necessary to transfer ownership to the buyer.
Source:
https://kupdf.net/download/law-on-salestestbank-cpardocx_598ea1eedc0d60ea34300d1b_pdf
TEST SAMPLE 3 ANSWERS:
1. D
21. C
2. C
22. D
3. D
23. C
4. B
24. B
5. B
25. C
6.
26. D
7. D
27. D
8. D
28. A
9. C
29. B
10. B
30. C
11. C
31. D
12. D
32. D
13. B
33. A
14. C
34. B
15. A
35. A
16. B
36. D
17. D
37. D
18. A
38. C
19. B
39. A
20. C
40. B
41. C
42. D
43. D
44. A
45. B
46. C
47. D
48. B
49. A
50. D
51. B
52. A
53. B
54. A
55. D
56. B
57. A
58. B
59. A
60. A
61. C
62. C
63. A
64. A
65. D
66. D
67. B
68. D
69. C
70. D
71. D
72. B
73. D
74. B
75. D
76. A
77. A
78. A
Source:
https://kupdf.net/download/law-on-salestestbank-cpardocx_598ea1eedc0d60ea34300d1b_pdf