About this document
Overview of Sales Law Principles by Im Nayeon is a document available to read on EtoBox.
This document summarizes key aspects of a contract of sale under Philippine law. It defines a contract of sale as nominate, consensual, bilateral, reciprocal, onerous and commutative. It explains that a sale is a title that creates the obligation to transfer ownership upon payment of the price, rather than directly transferring ownership. The stages of a contract of sale are also outlined as polictation, perfection and consummation. Several types of contracts are distinguished from a sale, including donatio
- Author
- Im Nayeon
- Language
- EN