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Question
Joaquin offers to sell Nina a parcel described as Lot 12, Block 3, Laurel Heights Subdivision, City Y, with an area of 1 hectare. The land registry shows no Lot 12 by that description, and the parcel cannot be located or identified. Joaquin does not own the land and has no title to transfer. Nina pays PHP 2,100,000 and hands over the money; Joaquin 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 Nina and to third parties, if any?