Law on Sales, Agency, and Credit Transactions by Hector DeLeon
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Cards in this deck
Card 1. Civil Sales
AnswerSales governed historically by the civil code rules, now unified with commercial sales under the Civil Code.
Card 2. Uniform Sales Law
AnswerAmerican statutory source from which several modern commercial provisions in the Philippine Civil Code on sales were adapted.
Card 3. Consensual Contract
AnswerA contract perfected by mere meeting of the minds without requiring any physical delivery or formal writing.
Card 4. Commutative Contract
AnswerA contract where the values exchanged are considered by the parties to be equivalents of each other.
Card 5. Determinate Thing
AnswerAn object particularly designated or physically segregated from all other classes of the same kind.