Uploaded by BSA 2 Rick Allen Flores

Law on Sales

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What is a contract of sale
Stages
Two kinds Essential Elements
Gross Inadequacy of Price
Characteristics of Contract of Sale
Option vs Earnest Money
Contract for a Piece of Work
Dation en Pago
Determinate thing
Emptio re Speratae vs Epmtio Spei
Kinds of Goods
Contract of Sale vs Agency to Sell
Sale vs Barter\
Requisites of Valid Price
Sale by Auction is Perfected
Two types of Delivery
What is a Contract to Selll
Right of First Refusal
What is sale bby Example, by Description
What is expropriation
Chapter 2
a. Kinds of Incapacity
b. What are necessaries
Chapter 3
a. Loss of the object at the time of perfection of the contact
Chapter 4 – Oblligations of the Vendor
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Obligations of the vendor
What is Delivery
Kinds of Delivery
Kinds of Legal or constructive delivery
Actual Delivery vs Constructive Delivery
Delivery of Incorporeal Property
Sale on Approval
Sale or Return vs Sale on Trial
Document of Title to Goods
Two kinds of Negotiation
Who can negotiate?
Warranties on negotiation or assignment
Place of Delivery
n. Time of Delivery
o. Who is unpaid Seller
p. Remedies of Unpaid Seller
q. When right of stoppage in transit available?
r. Right of Resale
s. Right to Rescind
t. Article 1539 vs 1542
u. What is Judicial Sale?
v. More or less, explained
w. Requisites of Double Sale
x. Who is purchaser in Good Faith
y. Warranty vs Condition
z. Express Warranty
aa. What is implied warranty?
bb. What is Eviction?
cc. Kinds of Waiver
dd. Remedy in case of partial eviction
ee. Hidden Defect, meaning
ff. Void sale of Animals
gg. Effect of Rescission of sale of animal with redhibitory defect
Chapter V – Obligations of the Vendee
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Acceptance, meaning
Types of Acceptance
Effect of buyer’s justifiable refusal to accept delivery
Effect of buyer’s unjustifiable refusal to accept delivery
Vendee owes interest between delivery and payment
Suspension of payment by the vendee
Seller may immediately sue for the rescission of the sale
Rescission of the Sale of movable property
Chapter VI – Actions for breach of contract of sale of goods
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GOODS, meaning
Action against the buyer for the price or damages
Rescission of Sale; Effect on buyer’s rights and obligations
Remedies of the Buyer in case of breach of warranty
Chapter 7 – Extinguishment of Sale
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Causes
Essence of conventional redemption
Equitable Mortgage
What is reformation
Period of Redemption
f. Obligation of Vendor in case of redemption
g. Legal Redemption
h. Requirement of Written Notice
Chapter 8 – Assignment of Credits and other incorporeal righths
a. Assignment of Credit
b. Contract of Sale vs Assignment of Credit
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