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What is Essentials of Sales Contracts Explained about?

This document summarizes key concepts relating to contracts of sale under Philippine law. It discusses the definition of a contract of sale and its essential elements. It also outlines the different types of parties that can engage in contracts of sale, exceptions, and prohibited parties. Finally, it covers the requirements for a valid subject matter of sale, including that the subject must be existing, future, contingent, licit, and determinate or determinable.

Author

Arvi April Narzabal

Language

EN