Can I read Contract of Sale in Philippine Law on EtoBox?
Contract of Sale in Philippine Law by delanastanlloydplata is a document available to read on EtoBox.
What is Contract of Sale in Philippine Law about?
The Civil Code of the Philippines defines a contract of sale as an agreement where one party transfers ownership of a determinate thing in exchange for a price certain in money or its equivalent. It outlines the essential characteristics, elements, stages, and various types of sales, emphasizing that the transfer of ownership is a fundamental aspect of the contract. Additionally, it distinguishes between sale and dation in payment, highlighting the differences in obligations and pre-existing credits.
- Author
- delanastanlloydplata
- Language
- EN