Is a stipulation in a contract of lease granting the lessee an exclusive right to renew the contract valid?
A) No, because it is violative of the principle of mutuality of contracts.
B) No, because validity or compliance cannot be left to the will of only one of the parties.
C) Yes, it is fundamentally part of the consideration in the contract. (Allied Bank v. CA, January 16, 1998)
D) No, it is contrary to law.
Correct Answer:
Verified
Q8: A and B entered into a contract,
Q9: A borrowed money from Metrobank and executed
Q10: A lent money to B with a
Q11: Which of the following is not correct
Q12: A owes money to B evidenced by
Q14: The following enumeration is correct, except:
A)Consensual contracts
Q15: Consent in a contract is manifested by
Q16: The following are correct in connection with
Q17: An action pauliana is an action to
Q18: A is indebted to ABC Corporation in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents