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2. PRICE – Arts. 1469 – 1474; Arts. 1355, 1381 (1) (2), 1386
R.A. 8183 w/ c repealed R.A. 529
- price certain or capable of being ascertained in money or its equivalent
- includes manner of payment
- determination / fixing of price
Tan Tiah v. Yu 67 Phil. 739
Toyota Shaw Inc. v. CA 244 SCRA 320 (1995)
Navarra v. Planters Bank GR 172674; July 12, 2007
- inadequacy of price in voluntary sales (gen rule and excptn)
Ong v. Ong 139 SCRA 133 (1985)
Aguilar v. Rubiato 40 Phil. 570 (1919)
3. PARTIES TO A SALE
a) Consent - meeting of the minds upon the thing and the price
- Relative incapacity - Art. 1490 (See Arts. 87, 96, 124, 194 Family Code)
Arts. 1491, 1492
NOTE: Know the RATIONALE for the prohibitions and the EFFECTS on the
legality of the contract
CASES:
Guiang v. CA 291 SCRA 372 (1998)
Medina v. Coll. Of Int. Rev. GR 15113 (Jan. 28,1961)
Ching v. Goyanko, Jr. 506 SCRA 735 (2006)
Cruz v. CA 289 SCRA 491 (1997)
Cook v. McMicking 27 Phil. 10 (1914)
Matabuena v. Cervantes 38 SCRA 284 (1971)
Rubias v. Batiller 51 SCRA 120 (1973)
Fornilda v. Br. 164 Pasig RTC 166 SCRA 281 (1988)
Lao v. Genato 137 SCRA 77 (1985)
Maharlika Broadcasting v. Tagle 142 SCRA 553 (1986)
Paragas v. Heirs of Balacano 468 SCRA 717 (2005)
Mercado v. Espiritu 37 Phil. 265
Fabillo v. IAC March 11, 1991
Ravina v. Villa Abrille Oct. 16, 2009
Jader-Manalo v. Camaisa Jan. 23, 2002
Abalos v. Macatangay, Jr. Sept. 30, 2004