About this document
Default Payment in Public Auctions by Mark Ehrolle S. Sison is a document available to read on EtoBox.
This document discusses the regulatory framework for sales contracts under Philippine law. It outlines the essential elements of a sales contract: [1] a determinate subject matter that is within commerce; [2] a certain price in money or equivalent. The subject matter must be owned by the seller and cannot be against law, morality, or public policy. The price must also be certain and real. Inadequacy of price does not invalidate the contract but may indicate issues with consent or that a donation was intende
- Author
- Mark Ehrolle S. Sison
- Language
- EN