Under a Contract of Sale, Ana bound herself to deliver a diamond ring to Ben for P50,000 to be used by the latter in his proposal to Apple on June 15, 2021. (Hint: this is a reciprocal obligation) What is the prestation? Who is the active subject? Who is the passive subject? What is the vinculum juris?

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter2: Income Tax Concepts
Section: Chapter Questions
Problem 68IIP
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Under a Contract of Sale, Ana bound herself to deliver a diamond ring to Ben for P50,000 to be used by the latter in his proposal to Apple on June 15, 2021. (Hint: this is a reciprocal obligation)

  1. What is the prestation?
  2. Who is the active subject?
  3. Who is the passive subject?
  4. What is the vinculum juris?
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