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Jaime D. Ang Vs. Bruno Soledad

JAIME D. ANG, Petitioner, versus COURT OF APPEALS AND BRUNO SOLEDAD, Respondents.

G.R. No. 177874 | 2008-09-29

D E C I S I O N


CARPIO MORALES, J.:

Under a "car-swapping" scheme, respondent Bruno Soledad (Soledad) sold his Mitsubishi GSR sedan 1982 model to petitioner Jaime Ang (Ang) by Deed of Absolute Sale[1] dated July 28, 1992. For his part, Ang conveyed to Soledad his Mitsubishi Lancer model 1988, also by Deed of Absolute Sale[2] of even date. As Ang's car was of a later model, Soledad paid him an additional P55,000.00.

Ang, a buyer and seller of used vehicles, later offered the Mitsubishi GSR for sale through Far Eastern Motors, a second-hand auto display center. The vehicle was eventually sold to a certain Paul Bugash (Bugash) for...