Business Law at Ateneo De Naga University | Flashcards & Summaries

Lernmaterialien für Business Law an der Ateneo de Naga University

Greife auf kostenlose Karteikarten, Zusammenfassungen, Übungsaufgaben und Altklausuren für deinen Business Law Kurs an der Ateneo de Naga University zu.

TESTE DEIN WISSEN
A contract whereby a contracting parties obligates himself to transfer the ownership of and to deliver a determinate thing and the other to pay therefor a price certain in money or its equivalent is a contract of
Lösung anzeigen
TESTE DEIN WISSEN
Barter
Lösung ausblenden
TESTE DEIN WISSEN

Sale of Future Inheritance

Lösung anzeigen
TESTE DEIN WISSEN

VOID

Lösung ausblenden
TESTE DEIN WISSEN

Executory Contract

Lösung anzeigen
TESTE DEIN WISSEN

Classification of contract (according to liability) where it has not yet been completely performed by parties

Lösung ausblenden
TESTE DEIN WISSEN
The following are characteristics of contract of sale except for one which refers to payment by cession. Which characteristic refers to the payment of cession?
Lösung anzeigen
TESTE DEIN WISSEN
There is no pre-existing credit
Lösung ausblenden
TESTE DEIN WISSEN

General Rule if the object is a THING

Lösung anzeigen
TESTE DEIN WISSEN
  • Must be actual or possible
  • Must be licit
  • Must be determinate or at least determinable
Lösung ausblenden
TESTE DEIN WISSEN

Elements of a Contract of Sale

Lösung anzeigen
TESTE DEIN WISSEN
  1. Consent
  2. Object
  3. Price
Lösung ausblenden
TESTE DEIN WISSEN

Future Inheritance

Lösung anzeigen
TESTE DEIN WISSEN

Is any property or right, not in existence or capable of determination at the time of the contract

Lösung ausblenden
TESTE DEIN WISSEN

General Rule in Consent

Lösung anzeigen
TESTE DEIN WISSEN

Any person, natural or juridical who can obligate themselves (legal capacity to buy and sell) can enter into a contract of sale

Lösung ausblenden
TESTE DEIN WISSEN
Exception in G.R of Consent


Lösung anzeigen
TESTE DEIN WISSEN
  1. Absolute Incapacity
  2. Relative Incapacity
Lösung ausblenden
TESTE DEIN WISSEN

Absolute Incapacity

Lösung anzeigen
TESTE DEIN WISSEN

Refers to minors, insane or demented persons, deaf-mutes, and those that are under civil interdictions

Lösung ausblenden
TESTE DEIN WISSEN

General Rule when an object is RIGHTS

Lösung anzeigen
TESTE DEIN WISSEN

If object is right, it has to be TRANSMISSIBLE

Lösung ausblenden
TESTE DEIN WISSEN

Emptio Rei Speratae

Lösung anzeigen
TESTE DEIN WISSEN

Things With Potential Existence (VALID SALE)

Subject to a suspensive condition that the thing will come into existence

Lösung ausblenden
  • 1548 Karteikarten
  • 308 Studierende
  • 0 Lernmaterialien

Beispielhafte Karteikarten für deinen Business Law Kurs an der Ateneo de Naga University - von Kommilitonen auf StudySmarter erstellt!

Q:
A contract whereby a contracting parties obligates himself to transfer the ownership of and to deliver a determinate thing and the other to pay therefor a price certain in money or its equivalent is a contract of
A:
Barter
Q:

Sale of Future Inheritance

A:

VOID

Q:

Executory Contract

A:

Classification of contract (according to liability) where it has not yet been completely performed by parties

Q:
The following are characteristics of contract of sale except for one which refers to payment by cession. Which characteristic refers to the payment of cession?
A:
There is no pre-existing credit
Q:

General Rule if the object is a THING

A:
  • Must be actual or possible
  • Must be licit
  • Must be determinate or at least determinable
Mehr Karteikarten anzeigen
Q:

Elements of a Contract of Sale

A:
  1. Consent
  2. Object
  3. Price
Q:

Future Inheritance

A:

Is any property or right, not in existence or capable of determination at the time of the contract

Q:

General Rule in Consent

A:

Any person, natural or juridical who can obligate themselves (legal capacity to buy and sell) can enter into a contract of sale

Q:
Exception in G.R of Consent


A:
  1. Absolute Incapacity
  2. Relative Incapacity
Q:

Absolute Incapacity

A:

Refers to minors, insane or demented persons, deaf-mutes, and those that are under civil interdictions

Q:

General Rule when an object is RIGHTS

A:

If object is right, it has to be TRANSMISSIBLE

Q:

Emptio Rei Speratae

A:

Things With Potential Existence (VALID SALE)

Subject to a suspensive condition that the thing will come into existence

Business Law

Erstelle und finde Lernmaterialien auf StudySmarter.

Greife kostenlos auf tausende geteilte Karteikarten, Zusammenfassungen, Altklausuren und mehr zu.

Jetzt loslegen

Das sind die beliebtesten Business Law Kurse im gesamten StudySmarter Universum

business

University of Birmingham

Zum Kurs
Business

University of Birmingham

Zum Kurs
Business Words

Nanzan University

Zum Kurs
Business Law

Cape Peninsula University of Technology

Zum Kurs

Die all-in-one Lernapp für Studierende

Greife auf Millionen geteilter Lernmaterialien der StudySmarter Community zu
Kostenlos anmelden Business Law
Erstelle Karteikarten und Zusammenfassungen mit den StudySmarter Tools
Kostenlos loslegen Business Law