About this document
Understanding Article 1476: Auction Sales by Mack Jigo Diaz is a document available to read on EtoBox.
The document summarizes key points of Philippine law on contracts of sale from Articles 1476-1487. It discusses definitions of auction and sale, number of contracts based on grouping of items, validity of employing secret bidders, transfer of ownership, stipulations on payment and ownership, option money vs earnest money, and sales by sample vs description. It also addresses scenarios involving refused deliveries due to misunderstandings, foreclosure of chattel mortgages, responsibility for contract expense
- Author
- Mack Jigo Diaz
- Language
- EN