Preliminary Examination
A.      Only I is true
   B.      Only Il is true
   C.      Both are true
   D.      Both   are   false
 14. The following must be in writing to be enforceable,except:
  A. Sale of personal property at a price not less than P300.
   B.     Sale of real property.
   C.     Sale of property not to be performed within          one   year from   the date
          thereof.
   D.     When     an   applicable law requires that the contract of sale be in a certain
          form.
 15. I. Before a valid and binding contract of sale can exist, the manner of
     payment of the purchase price must first be established.
     II. The ownership of the thing sold shall be transferred to the vendee upon
           the actual or constructive    delivery thereof.
   A.     Only I is true
   B.     Only    Il is true
   C.     Both are true
   D.     Both are false
 16. I. A contract of sale between husband and the wife is void.
        II. A contract of sale between   husband and wife is valid if there has been   a
        judicial separation of property.
   A.     Only I is true
   B.     Only II is true
   C.     Both   are true
   D.     Both   are    false
 17. I. The sale to a person who suffers from relative incapacity is void.
     II. The sale to an agent with the consent of the principal is void.
   A.     Only I is true
   B.     Only Il is true
   C.     Both are true
   D.  Both are false
 18. The following are relatively incapacitated to purchase, except:
   A. The guardian, the property of the person or persons who may be under
       his guardianship.
   B. Executors and administrators, the property of the estate under
         administration.
  C.     Public officers and employees, the property of the State or any
         subdivision thereof, or of, any government-owned or controlled
         corporation, or institution, the administration of which has been
         entrusted to them.
   D. Agents, the property whose administration or sale may have been
        entrusted to them and the consent of the principal has been given.
 19. It is a consideration in a separate contract of option.
  A.     Earnest money
  B.     Option money
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