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Question
Kai offers to sell to Lira a parcel described as Lot 999, Block 18, Crystal Heights Subdivision, City Q, with an area of 1 hectare. The land registry shows no Lot 999 by that description, and the parcel cannot be located or identified. Kai does not own the land and has no title to transfer. Lira pays PHP 1,900,000 and hands over the money; Kai delivers nothing and later admits he cannot convey title. (a) Identify the controlling doctrine governing this contract. (b) Differentiate void contracts from voidable contracts, with reference to consent, object, and cause. (c) Apply to the facts: what is the status of the contract, and what consequences flow to Lira and to third parties, if any?