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Understanding Contracts of Sale by Kristin Lucero is a document available to read on EtoBox.

What is Understanding Contracts of Sale about?

1. The document discusses the characteristics and essential elements of a contract of sale under Philippine law, including that it is a consensual, bilateral, onerous, and commutative agreement where one party transfers ownership of a determinate thing in exchange for a certain price. 2. It distinguishes between absolute sales, where ownership transfers upon delivery, and conditional sales, where ownership is reserved until fulfillment of a suspensive condition like payment of the price. 3. Key differenc

Author

Kristin Lucero

Language

EN