Front | 20. Audrey, single, bought a parcel of land in Malolos City from Franco for P1 Million. A contract was executed between them which already vested upon Audrey full ownership of the property, although payable in monthly installments for a period of four (4) years. One (1) year after the execution of the contract, Audrey got married to Arnel. They executed a marriage settlement whereby they agreed that their properties shall be governed by the regime of conjugal partnership of gains. Thereafter, subsequent installments were paid from the conjugal partnership funds. Is the land conjugal or paraphernal? a) The land is conjugal because the installments were paid from the conjugal partnership funds. b) The land is paraphernal because ownership thereof was acquired before the marriage. c) The land is both conjugal and paraphernal because the installments were paid from both the personal funds of Audrey and the conjugal partnership funds. d) The land is paraphernal because it was Audrey who purchased the same. |
---|---|
Back | SUGGESTED ANSWER: b) |
Tags: 2012, bar
Learn with these flashcards. Click next, previous, or up to navigate to more flashcards for this subject.
Next card: Donation ernesto mobile phone hubert void back donated
Previous card: Ricky princess threat married marriage c marforth sweethearts
Up to card list: CIVIL LAW