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What is Understanding Contracts of Sale about?

This document discusses key elements of a contract of sale under Philippine law, including: 1. The essential elements are consent, a determinate subject matter, and a certain price in money or its equivalent. The subject matter must be licit, existing/determinable, and the seller must have the right to transfer ownership. 2. It outlines the obligations of the vendor (seller) and vendee (buyer), including delivery of the subject matter by the vendor and payment of the price by the vendee. 3. It describe

Author

Monica's iPad

Language

EN