LAW - prelims

transfer

deliver

By the contract of sale one of the contracting parties obligates himself to (1) _________ the ownership and to (2) ________ a determinate thing, and the other to pay therefor a price certain in money or its equivalent.

licit

delivered

Article 1459. The thing must be (3) _______ and the vendor must have a right to transfer the ownership thereof at the time it is (4) _________.

sell

Article 1463. The sole owner of a thing may (5) ______ an undivided interest therein

does not

Article 1470. Gross inadequacy of price (6) ________ affect a contract of sale, except as it may indicate a defect in the consent, or that the parties really intended a donation or some other act or contract. (n)

meeting

Article 1475. The contract of sale is perfected at the moment there is a (7) _______ of minds upon the thing which is the object of the contract and upon the price

delivery

Article 1477. The ownership of the thing sold shall be transferred to the vendee upon the actual or constructive (8) ______ thereof.

ownership

Article 1478. The parties may stipulate that (9) ______ in the thing shall not pass to the purchaser until he has fully paid the price

reciprocally

Article 1479. A promise to buy and sell a determinate thing for a price certain is (10) ________ demandable.

personal

vendee

two

void

Article 1484. In a contract of sale of (11) ________ property the price of which is payable in

installments, the vendor may exercise any of the following remedies:

(1) Exact fulfillment of the obligation, should the (12) _______ fail to pay;

(2) Cancel the sale, should the vendee's failure to pay cover (13) ______ or more installments;

(3) 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. In this case, he shall have no further action against the purchaser to recover any unpaid balance of the price. Any agreement to the contrary shall be (14) ________. (1454-A-a)

vendor

Article 1487. The expenses for the execution and registration of the sale shall be borne by the (15) _______, unless there is a stipulation to the contrary.

special laws

Article 1488. The expropriation of property for public use is governed by (16) __________