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VVocatus · Bar Exam Practice

Civil Law, 2011 Bar — Question 79

Civil Law
2011 BarCivil LawQ. 79

MULTIPLE CHOICE

The husband assumed sole administration of the family's mango plantation since his wife worked abroad. Subsequently, without his wife's knowledge, the husband entered into an antichretic transaction with a company, giving it possession and management of the plantation with power to harvest and sell the fruits and to apply the proceeds to the payment of a loan he got. What is the standing of the contract? A) It is void in the absence of the wife's consent. B) It is void absent an authorization from the court. C) The transaction is void and can neither be ratified by the wife nor authorized by the court. D) It is considered a continuing offer by the parties, perfected only upon the wife's acceptance or the court's authorization.

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