On June 5, 2000, DP delivered possession of his house and lot in the Poblacion of Polo, Bulacan to AB who, in turn delivered to the former possession of his 2-hectare rice land. Both properties were unregistered. They executed a document entitled “Barter” which, among others, provided that both parties shall enjoy the material possession of their respective properties; that neither party shall encumber, alienate or dispose of their respective properties as bartered without the consent of the other; and that DP shall be obliged to return the property to AB when the latter’s son shall attain majority and decide to return DP’s property. After AB’s death and his son S attained majority in 2017, the latter demanded for the return of the two (2) hectares of rice land which had then increased tremendously in value. DP refused and so S filed an action for recovery of the land. Will the action prosper? Why?
On June 5, 2000, DP delivered possession of his house and lot in the Poblacion of Polo, Bulacan to AB who, in turn delivered to the former possession of his 2-hectare rice land. Both properties were unregistered. They executed a document entitled “Barter” which, among others, provided that both parties shall enjoy the material possession of their respective properties; that neither party shall encumber, alienate or dispose of their respective properties as bartered without the consent of the other; and that DP shall be obliged to return the property to AB when the latter’s son shall attain majority and decide to return DP’s property. After AB’s death and his son S attained majority in 2017, the latter demanded for the return of the two (2) hectares of rice land which had then increased tremendously in value. DP refused and so S filed an action for recovery of the land. Will the action prosper? Why?
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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On June 5, 2000, DP delivered possession of his house and lot in the Poblacion of Polo, Bulacan to AB who, in turn delivered to the former possession of his 2-hectare rice land. Both properties were unregistered. They executed a document entitled “Barter” which, among others, provided that both parties shall enjoy the material possession of their respective properties; that neither party shall encumber, alienate or dispose of their respective properties as bartered without the consent of the other; and that DP shall be obliged to return the property to AB when the latter’s son shall attain majority and decide to return DP’s property. After AB’s death and his son S attained majority in 2017, the latter demanded for the return of the two (2) hectares of rice land which had then increased tremendously in value. DP refused and so S filed an action for recovery of the land. Will the action prosper? Why?
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