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Alvin Jon Doctora BSAct 4-2 Take Home Quiz BLaw(323)

1. What are principal obligations of the vendor?


- The vendor has the obligation to transfer the ownership of the object, deliver, and
warrant the object that is for sale.
2. What is (a) Traditio longa manu?
- Traditio longa manu means delivery with the long hand which is an act of delivery
of the vendor to the vendee who does not yet have the object in possession. For
example the purchaser bought an appliance at the appliance store, the vendor will
deliver the appliance at the purchasers home.
- (b) Traditiu brevi manu?
- Traditio brevi manu means delivery with the short hand refers to the act of a
person who has possession of the object but does not have ownership of the object.
For example I leased a DVD at an entertainment shop which I have the possession of
the thing but I do not have ownership over it. But if the lease contains an option to
buy I then could become a purchaser. In essence the DVD is delivered with the short
hand since I already have the DVD in possession.
- (c) Traditio constitutum?
- The change in intention of one having the right over the possession of real or
personal property where the original owner of the property remains in control but
transfers the legal possession to another.
- (d) Quasi-traditio?
- A term used to designate that a person is in the use of the property of another. Also
signifies the act by which the right of property is transferred to a person who is in
possession of it. For example I loaned a car to A, and deliver it to him. Afterwards I
sell him the car, it is not necessary that he should return the car to me to be delivered
again to him.
3. In your own words what is Delivery?
- Delivery for me is an act of transporting or handing over the right of ownership over
the object to the buyer.
4. In your own words what is Bailee?
- Is a person or a party that serves a purpose where goods are delivered to them for
repair without transfer of ownership.
5. In your own words what is Stoppage in transit?
- Is an act that arises where the buyer has an unpaid balance to the vendor. And when
the buyer who has become bankrupt or has no ability to pay anymore.
6. What is meant by Warranty in your own words.
- It is a guarantee by the vendor that whatever happens to the product he sold to the
vendee within a specified period of time the vendor would repair or replace the thing.
7. What is meant by Caveat venditor?
- Is a term which means Let the seller beware. A warning or reminder to the sellers
that they will be held liable to whatever defects or in any way that vary from the
specification of the thing. Unless the seller expressly stated a disclaimer.
Hexa Danica Mabaquiao BSAct 4-2 Take Home Quiz BLaw (323)

1. What are principal obligations of the vendor?


- The obligation of the vendor is to deliver and transfer the ownership to the vendee. The
vendor must take care the object and pay all the expenses and registration of the thing sold.
2. What is A) Traditio longa manu?
- Delivery with long hand. An act of delivery which takes place where the transferor places the
ownership in the hands of the transferee, or, on his order, delivers it at his house.
- B.) Traditio brevi manu - The vendee already possess the object. It is not needed to be
delivered again from the seller to the buyer.
- C.) Traditio constitutum - The seller, after the sale, retains possession of the article acting as
agent on behalf of the buyer.
- D.) Quasi tradition - an intangible thing. The sale must have public instrument and the seller
will deliver the documents to the buyer.
3. In your own words what is delivery?
- It is the act of of giving or handling the object from one person to another.
4. In your own words what is bailee?
- The person who temporarily has the possession of a good, but still he is not the owner of the
goods.
5. In your own words what is stoppage in transit?
- When the buyer cannot pay his debt, the unpaid seller has the right to stop the delivery. The
seller can regain the possession of the goods.
6. What is meant by warranty in your own words.
- A promise to a purchaser. Promising to repair or replace the defects of an object if necessary
within a specified period of time.
7. What is meant by caveat venditor?
- Caveat Venditor is a Latin term which means let the seller beware. The person selling goods
is accountable for providing information about the goods to the seller. This forces the seller to
take responsibility for the product and discourages sellers from selling products of
unreasonable quality.