Q. Mr. Seller and Mr. Buyer orally agreed on the following:(i) the land to be sold has an area of 10,000 sq. meters; (ii) price is P5 million; and (iii) Mr. Seller shall prepare the deed of sale. With fraudulent intent, Mr. Seller knowing the inadequacies of Mr. Buyer with respect to numbers wrote 1,000 sq. meters instead of 10,000 sq. meters. The sale is (Solved)

1. void

2. voidable but the contract may be reformed

3. valid but the instrument may be reformed

4. valid but the contract may be reformed

  • c. valid but the instrument may be reformed
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