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    Kevin Panio
    Nancy, the guardian of 15-year-old Candy, sold Candy's P4 million condominium unit for P3.5 million to Dante. The contract is valid because it has the consent of Candy's guardian and stipulates the sale if Candy reaches 15. However, if Nancy had sold it for P2 million instead, the contract would not be valid. If Candy could rescind the contract, both parties would be affected since their agreement would change. If Candy learned of the sale, she would be against her guardian's decision since she owns the condominium, even though her guardian made the sale.

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    Oblig

    Uploaded by

    Kevin Panio
    55 views2 pages
    Nancy, the guardian of 15-year-old Candy, sold Candy's P4 million condominium unit for P3.5 million to Dante. The contract is valid because it has the consent of Candy's guardian and stipulates the sale if Candy reaches 15. However, if Nancy had sold it for P2 million instead, the contract would not be valid. If Candy could rescind the contract, both parties would be affected since their agreement would change. If Candy learned of the sale, she would be against her guardian's decision since she owns the condominium, even though her guardian made the sale.

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    Nancy, the guardian of 15-year-old Candy, sold Candy's P4 million condominium unit for P3.5 million to Dante. The contract is valid because it has the consent of Candy's guardian and stipulates the sale if Candy reaches 15. However, if Nancy had sold it for P2 million instead, the contract would not be valid. If Candy could rescind the contract, both parties would be affected since their agreement would change. If Candy learned of the sale, she would be against her guardian's decision since she owns the condominium, even though her guardian made the sale.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    55 views2 pages

    Oblig

    Uploaded by

    Kevin Panio
    Nancy, the guardian of 15-year-old Candy, sold Candy's P4 million condominium unit for P3.5 million to Dante. The contract is valid because it has the consent of Candy's guardian and stipulates the sale if Candy reaches 15. However, if Nancy had sold it for P2 million instead, the contract would not be valid. If Candy could rescind the contract, both parties would be affected since their agreement would change. If Candy learned of the sale, she would be against her guardian's decision since she owns the condominium, even though her guardian made the sale.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    BM1707

    Name: Kevin T. Panio Section: BSA1A

    Answer the following questions based on the given scenario. (5 items x 5 points)

    Nancy, the guardian of Candy when she was 15 years old, sold Candy’s P4 million worth of one-bedroom
    condominium units for P3,500,000 to Dante.

    a. Is the contract valid? Why?


    - Yes, because it has the consent of the guardian of the owner and also there is a condition that if the
    owner reaches 15 years old age the condominium will sell to Dante.

    b. Would your answer be the same if Nancy sold the condominium unit for P2 million?
    - No, I will sell it based on the contract that both parties agree to.

    c. Suppose the contract is rescissible and rescission can take place, how does it affect the parties?
    - both parties will be affected if the contract is rescissible because the agreement of both parties will be
    changed.

    d. If you were Candy and you learned of the sale that your guardian entered into, what would you do?
    - I will be against his or her decision because although he or she is my guardian I will make my own
    decision because I have the power since I am the owner of the condominium.

    Rubric for grading:


    CRITERIA PERFORMANCE INDICATORS POINTS
    Content Provided pieces of evidence, supporting 3
    details, and factual scenarios
    Organization of ideas Expressed the points in clear and logical 2
    arrangement of ideas in the paragraph
    TOTAL 5
    11 Quiz 1 *Property of STI
    Page 1 of 1

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