1. On July 1, 2021, S Furniture, sold to B tables and chairs for a price of P500,000 for the latter's café and restaurant. B will pay 50% upon delivery and the balance will be paid on June 30, 2022....

Can someone help me answer this. And if applicable please cite articles under Law on Sales in The Philippines1. On July 1, 2021, S Furniture, sold to B tables and chairs for a price of P500,000 for the<br>latter's café and restaurant. B will pay 50% upon delivery and the balance will be paid on<br>June 30, 2022. The goods were delivered to B and the 50% down payment was made by<br>B, but the parties stīpulated that the ownership over the books does not pass to B, until<br>full payment of the price. The day before June 30, 2022, the restaurant of B was gutted<br>by fire together with the tables and chairs purchased from S. On June 30, 2022, S<br>demanded payment from B. B contends that he is no longer liable for the balance, because<br>ownership was retained by S, thus, following the res perit domino rule, S should bear the<br>risk of loss. Is B correct. Give reason/s.<br>2. A sold to B a parcel of land for P30,000. The sale is evidenced by a memorandum of<br>agreement of sale written in Cebuano dialect. One week later, A sold the same parcel of<br>land to C for P40,000 which was evidenced by a formal deed of sale. Upon buying the<br>property, C, who was aware of the first sale, immediately took possession of the land and<br>registered the deed of sale in her favor with the Register of Deeds. When informed of the<br>second sale, B subsequently registered an adverse claim to the property. To whom shall<br>the parcel of land belong? Give reason/s.<br>

Extracted text: 1. On July 1, 2021, S Furniture, sold to B tables and chairs for a price of P500,000 for the latter's café and restaurant. B will pay 50% upon delivery and the balance will be paid on June 30, 2022. The goods were delivered to B and the 50% down payment was made by B, but the parties stīpulated that the ownership over the books does not pass to B, until full payment of the price. The day before June 30, 2022, the restaurant of B was gutted by fire together with the tables and chairs purchased from S. On June 30, 2022, S demanded payment from B. B contends that he is no longer liable for the balance, because ownership was retained by S, thus, following the res perit domino rule, S should bear the risk of loss. Is B correct. Give reason/s. 2. A sold to B a parcel of land for P30,000. The sale is evidenced by a memorandum of agreement of sale written in Cebuano dialect. One week later, A sold the same parcel of land to C for P40,000 which was evidenced by a formal deed of sale. Upon buying the property, C, who was aware of the first sale, immediately took possession of the land and registered the deed of sale in her favor with the Register of Deeds. When informed of the second sale, B subsequently registered an adverse claim to the property. To whom shall the parcel of land belong? Give reason/s.

Jun 05, 2022
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