coverage of the semi-finals : art 1600-1635

 The semi-finals shall be administered on Sept. 29, 2012

Guide questions:

1. How is a contract of sale extinguished?

2.What is conventional redemption? In what contract does it apply?

3. Is the inadequacy of the price a ground for rescinding the contract of sale? How about in a pacto de retro sale?

4. In what cases shall a pacto de retro be considered an equitable mortgage? What is the consequence of declaring a pacto de retro an equitable mortgage?

5.The assignment of credit includes all the accessory rights. What are accessory rights? Give at least two examples.

6.What is an "assignment of credit"? Shall it have an effect on third persons?

7.Within what period shall the right of legal redemption be exercised?

8.Distinguish the right of "pre-emption" from the "right of redemption"?

9.Is the right of "legal redemption" a substantive right? Why?

10.What is legal redemption? Give at least five examples of legal redemption.

Part II:  (shall be taken from the digested cases submitted)