Sales Law True or False Reviewer (Items 1–61)

No. Statement Correct Answer Reasoning

1 The expenses for FALSE By default vendor

registration and pays, but parties
execution of the sale may agree
shall always be borne otherwise.
by the vendor.

2 A contract to sell, even TRUE Ownership is

if accepted by the reserved until full
buyer is not an payment or
absolute sale. condition met.

3 A contract of sale is TRUE Seller must be

valid, even if at the owner at delivery,
time of sale, the seller not necessarily at
is not the owner of perfection.
what he is selling.

4 In sale by sample, be it TRUE Bulk must match

understood that the sample in quality.
bulk is like the sample.

5 Legal redemption is TRUE Correct Civil Code

the right to be definition.
subrogated... in place
of the acquirer under
same terms.

6 There may be a TRUE Allowed as sale of

contract of sale of expected thing.
goods, whose
acquisition by the
seller depends upon a
contingency.

7 The vendor need not TRUE Ownership at

be the owner at the delivery is what
time the sale is matters.
perfected. It is
sufficient that he is the
owner at delivery.
8 The sale of a vain hope FALSE It is void if there is
or expectancy is no possibility at all.
voidable.

9 If consideration is TRUE Civil Code Art. 1468.

partly money, partly
another thing, it is
barter if the thing's
value exceeds money.

10 The expenses for the TRUE Default rule unless

execution and agreed otherwise.
registration of the sale
shall be borne by the
vendor, unless there is
a stipulation to the
contrary.

11 When the sale is made TRUE Symbolic delivery.

through a public
instrument, execution
is equivalent to
delivery unless
contrary appears.

12 Conventional FALSE 4 years for

redemption can be movables, 10 years
exercised within 4 for immovables.
years if without
stipulation as to
period.

13 Where the seller has a FALSE Only buyer in good

voidable title but not faith acquires valid
yet avoided at time of ownership.
sale, buyer acquires
title whether or not in
good faith.

14 The vendor shall TRUE Vendor liable for

answer for the eviction eviction unless
even though nothing modified by
has been said in the agreement.
contract; parties may
 modify this obligation.

15 Buyer refusing goods TRUE Civil Code Art. 1587.

need not return them,
just notify seller; if
keeps, liable as
depositary.

16 Joint sellers with right TRUE Art. 1612.

of repurchase can only
redeem their share.

17 In consummated sale, FALSE Only earnest money

option money is is deductible; option
deductible from price. money is separate.

18 Sale of mere hope or FALSE Emptio spei is not

expectancy is conditional; valid
conditional. even if hope fails.

19 Sale is consensual; TRUE Perfection is by

delivery/payment not consent on object
essential for and price.
perfection.

20 Sole owner may sell an TRUE Owner can sell

undivided interest. fractional interest.

21 If price is simulated, TRUE Art. 1471.

sale void; may be
shown to be donation
or other contract.

22 Price cannot be left to TRUE Art. 1469.

one party; if accepted
by other, sale
perfected.

23 In sale, vendor's FALSE Sale creates

obligation is obligations; dation
extinguished; in extinguishes a debt.
dation, obligation is
created.

24 Future inheritance can FALSE Prohibited by Art.

be object of sale. 1347.
25 Mere offer or TRUE No binding effect
solicitation creates no until acceptance.
legal bond.

26 Clause in contract to TRUE Automatic

sell allowing unilateral rescission valid if
rescission for non- stipulated.
payment is valid.

27 There is no automatic TRUE No automatic

rescission in sale of rescission unless
movable and stipulated.
immovable property.

28 Only remedy for seller FALSE Seller may cancel or

in sale of personal foreclose (Art.
property by 1484).
installment if buyer
misses 2+ installments
is cancellation.

29 In sale of real estate TRUE Art. 1542.

lump sum, seller
cannot ask more even
if area larger.

30 Thing must be licit and TRUE Basic requirement

vendor must have for validity.
right to transfer
ownership at delivery.

31 In contract to sell, FALSE Ownership passes

ownership passes to only after payment
buyer upon delivery. or fulfillment of
condition.

32 Delivery of movable TRUE Traditio brevi manu

may be made by mere or constitutum
consent if buyer possessorium.
already possesses it or
cannot receive
physically.

33 Vendor liable for FALSE Liable even if

hidden defects only if unaware (Art.
 aware. 1561).

34 Creditors of vendor TRUE Art. 1619.

cannot redeem until
vendor's property
exhausted.

35 Sale of land through TRUE Statute of Frauds

agent void unless requirement.
authority in writing.

36 Sale of vain hope FALSE Emptio spei is not

governed by conditional.
conditional sale.

37 Owners of property FALSE They have

sold for tax redemption rights
delinquency have no within legal period.
redemption right.

38 Emptio rei speratae is TRUE Subject to

sale of expected thing suspensive
with unknown condition.
quality/quantity.

39 Necessaries sold to TRUE Binding on minors

minor must be paid at for necessaries (Art.
reasonable price. 1489).

40 Promise to buy and TRUE Bilateral promise

sell determinate thing enforceable if object
for certain price is and price certain.
reciprocally
demandable.

41 In COD, carrier is TRUE Risk remains with

seller's agent until seller until delivery.
goods delivered.

42 Sale perfected when TRUE Art. 1475.

minds meet on object
and price.

43 Parties may stipulate TRUE Valid stipulation.

ownership passes only
after full payment.
44 Earnest money is part TRUE Art. 1482.
of price and proof of
perfection.

45 Vendor need not TRUE Art. 1524.

deliver if buyer hasn't
paid and no payment
term fixed.

46 Accepted unilateral FALSE Needs separate

promise to sell binding consideration
without distinct (option money).
consideration.

47 Unpaid seller with part TRUE Art. 1527.

delivery may retain
lien on remainder
unless waived.

48 Vendor must deliver FALSE Fruits from time

thing with obligation to deliver
accessions/accessories arises (Art. 1164).
as upon perfection;
fruits from perfection.

49 Double sale of TRUE Art. 1544.

movables: first
possessor in good faith
gets ownership.

50 Gross inadequacy of TRUE Art. 1470.

price doesn't affect
validity unless
showing defect in
consent or donation
intent.

51 In doubt, sale with TRUE Art. 1602.

right to repurchase
construed as equitable
mortgage.

52 Vendee a retro TRUE Art. 1608.

subrogated to vendor's
rights and actions.
53 Presumption of TRUE Art. 1602(2).
equitable mortgage if
redemption period
extended after
expiration.

54 Assignment of TRUE Art. 1625.

credit/right/action
ineffective vs. third
persons unless public
instrument (and
recorded for real
property).

55 Vendor must deliver TRUE Arts. 1164, 1537.

thing as at perfection;
fruits from time
obligation to deliver
arises.

56 If adjoining owners TRUE Art. 1623.

redeem at same time,
smaller area owner
preferred; if equal,
first requester
preferred.

57 Right of redemption of TRUE Co-owner's

co-owners excludes redemption
adjoining owners. prevails.

58 Ownership doesn't FALSE Ownership passes

pass until full upon delivery
payment. unless agreed
otherwise.

59 If object partially lost FALSE Buyer may

at perfection, sale withdraw or get
without effect. price reduction (Art.
1493).

60 In sale of real property TRUE Art. 1542 exception.

lump sum, buyer can
ask price reduction if
seller can't deliver
 within boundaries.

61 In sale with right to TRUE Art. 1616.

repurchase, vendee a
retro must return
price + interest at
redemption.

3. FALSE

9. FALSE

12. TRUE

17. TRUE

25. FALSE

27. FALSE

39. FALSE

48. TRUE

55. FALSE

61. FALSE