Determine the status of the following contracts.
a. valid contract
b. rescissible contract
c. voidable contract
d. unenforceable contract
e. void contract
The Court appointed Ervin as Ray’s guardian, Ray being a minor. Ervin then sold Ray’s inherited property to Dave in an installment basis. The sale was without Ervin’s consent. After attaining the age of majority, Ray used the payments to defray some medical expenses.
Lei appointed Bel as her attorney-in-fact for the possible lease of her Tagaytay property. Bel, however, sold the Tagaytay property to Rene.
Jacob verbally sold his ps4 to Jeremiah for P20,000.00. Jacob and Jeremiah are both minors.
Teresa, Sean’s guardian, sold Sean’s property worth P20,000.00 for only P15,000.00.
Nathaniel used a different sim card and pretended to be Vanessa. He then texted and convinced Mark to buy his property at a higher price. Mark agreed because he thought it was Vanessa who | texted him.
Miya sold her arrow to Aurora. They then executed a contract of sale, and included a provision regarding Aurora’s payment. Aurora, however, paid nothing.
Kathy orally committed to pay Bobby’s loan from Raphie.
Esteban owns a farm in Cavite. He raises chickens, pigs and cows. He entered into a contract of sale over all eggs that his farm will produce. At the time, there was no egg yet.
Terrence became insolvent, but without any court order. Ruth demanded payment from Terrence for his debt which is not yet due and demandable. Terrence then paid the debt.
Nacho and Sophie are both minor. They, however, entered into a contract of sale. Julia, Nacho’s mother, accepted the payment of Sophie.
Ferdinand and Emeliza are husband and wife. During their marriage, Emeliza sold the conjugal home to Ferdinand
Rudy called Mavic and committed to donate his car after their marriage.
Kaye and Alex entered into a written contract for the construction of Kaye’s house. The contract, however, provides that construction will start five years after the execution of the contract.
Thirdy, a fifteen-year old boy, sold his phone to Sarah for P20,000.00. The value of the phone is only P3,000.00
Sheryl disputes Wendy’s possession of a parcel of land in Imus, Cavite. She claims that she inherited it from Danilo. Wendy, however, sold the parcel of land to Terrence, who knows Sheryl’s allegations.
