Source: https://www.scribd.com/doc/62491024/Art
Timestamp: 2015-11-25 12:24:40
Document Index: 669770967

Matched Legal Cases: ['Art08', 'Art. 1481', 'Art. 1482', 'Art. 1483', 'Art. 1484', 'Art. 1485', 'Art. 1486', 'Art. 1487', 'Art. 1488', 'Art. 1491', 'Art. 1492', 'Art. 1493', 'Art. 1494', 'Art. 1489', 'Art. 1490', 'Art. 1495']

P. 1ArtArt|Views: 0|Likes: 0Published by Nica ArevaloMore info:Published by: Nica Arevalo on Aug 17, 2011Copyright:Attribution Non-commercialAvailability:Read on Scribd mobile: iPhone, iPad and Android.download as DOCX, PDF, TXT or read online from ScribdFlag for inappropriate content|Add to collectionSee moreSee lesshttps://www.scribd.com/doc/62491024/Art08/17/2011pdftextoriginalArt. 1481.In the contract of sale of goods by description or by sample, the contract may be rescinded if the bulk of the goods delivered do not correspond with the description or the sample, and if the contract be by sample as well as description, it is not sufficient that the bulk of goods correspond with the sample if they do not also correspond with the description. The buyer shall have a reasonable opportunity of comparing the bulk with the description or the sample. (n) Art. 1482. Whenever earnest money is given in a contract of sale, it shall be considered as part of the price and as proof of the perfection of the contract. (1454a) Art. 1483. Subject to the provisions of the Statute of Frauds and of any other applicable statute, a contract of sale may be made in writing, or by word of mouth, or partly in writing and partly by word of mouth, or may be inferred from the conduct of the parties. (n) Art. 1484. In a contract of sale of personal property the price of which is payable in installments, the vendor may exercise any of the following remedies: (1) Exact fulfillment of the obligation, should the vendee fail to pay; (2) Cancel the sale, should the vendee's failure to pay cover two or more installments; (3) Foreclose the chattel mortgage on the thing sold, if one has been constituted, should the vendee's failure to pay cover two or more installments. In this case, he shall have no further action against the purchaser to recover any unpaid balance of the price. Any agreement to the contrary shall be void. (1454-A-a) Art. 1485. The preceding article shall be applied to contracts purporting to be leases of personal property with option to buy, when the lessor has deprived the lessee of the possession or enjoyment of the thing. (1454-A-a) Art. 1486. In the case referred to in two preceding articles, a stipulation that the installments or rents paid shall not be returned to the vendee or lessee shall be valid insofar as the same may not be unconscionable under the circumstances. (n) Art. 1487. The expenses for the execution and registration of the sale shall be borne by the vendor, unless there is a stipulation to the contrary. (1455a) Art. 1488. The expropriation of property for public use is governed by special laws. (1456)
(1) When a separation of property was agreed upon in the marriage settlements; or (2) When there has been a judicial separation or property under Article 191. (1458a) Art. 1491. The following persons cannot acquire by purchase, even at a public or judicial auction, either in person or through the mediation of another: (1) The guardian, the property of the person or persons who may be under his guardianship; (2) Agents, the property whose administration or sale may have been entrusted to them, unless the consent of the principal has been given; (3) Executors and administrators, the property of the estate under administration; (4) Public officers and employees, the property of the State or of any subdivision thereof, or of any government-owned or controlled corporation, or institution, the administration of which has been intrusted to them; this provision shall apply to judges and government experts who, in any manner whatsoever, take part in the sale; (5) Justices, judges, prosecuting attorneys, clerks of superior and inferior courts, and other officers and employees connected with the administration of justice, the property and rights in litigation or levied upon an execution before the court within whose jurisdiction or territory they exercise their respective functions; this prohibition includes the act of acquiring by assignment and shall apply to lawyers, with respect to the property and rights which may be the object of any litigation in which they may take part by virtue of their profession. (6) Any others specially disqualified by law. (1459a) Art. 1492. The prohibitions in the two preceding articles are applicable to sales in legal redemption, compromises and renunciations. (n) CHAPTER 3 EFFECTS OF THE CONTRACT WHEN THE THING SOLD HAS BEEN LOST Art. 1493. If at the time the contract of sale is perfected, the thing which is the object of the contract has been entirely lost, the contract shall be without any effect. But if the thing should have been lost in part only, the vendee may choose between withdrawing from the contract and demanding the remaining part, paying its price in proportion to the total sum agreed upon. (1460a) Art. 1494. Where the parties purport a sale of specific goods, and the goods without the knowledge of the seller have perished in part or have wholly or in a material part so deteriorated in quality as to be substantially changed in character, the buyer may at his option treat the sale: (1) As avoided; or (2) As valid in all of the existing goods or in so much thereof as have not deteriorated, and as binding the buyer to pay the agreed price for the goods in which the ownership will pass, if the sale was divisible. (n)
CHAPTER 2 CAPACITY TO BUY OR SELL Art. 1489. All persons who are authorized in this Code to obligate themselves, may enter into a contract of sale, saving the modifications contained in the following articles. Where necessaries are those sold and delivered to a minor or other person without capacity to act, he must pay a reasonable price therefor. Necessaries are those referred to in Article 290. (1457a) Art. 1490. The husband and the wife cannot sell property to each other, except:
as well as warrant the thing which is the object of the sale.CHAPTER 4 OBLIGATIONS OF THE VENDOR SECTION 1. (n) SECTION 2. The thing sold shall be understood as delivered. or if the latter already had it in his possession for any other reason. or in any other manner signifying an agreement that the possession is transferred from the vendor to the vendee. With regard to movable property. if the thing sold cannot be transferred to the possession of the vendee at the time of the sale. if from the deed the contrary does not appear or cannot clearly be inferred. The ownership of the thing sold is acquired by the vendee from the moment it is delivered to him in any of the ways specified in Articles 1497 to 1501. its delivery may also be made by the delivery of the keys of the place or depository where it is stored or kept. There may also be tradition constitutum possessorium. 1496. (1461a) Art.General Provisions Art. When the sale is made through a public instrument. (1463a) Art. 1495. .Delivery of the Thing Sold Art. (1463a) Art. The vendor is bound to transfer the ownership of and deliver. 1497. when it is placed in the control and possession of the vendee. 1498. (1462a) Art. . the execution thereof shall be equivalent to the delivery of the thing which is the object of the contract. The delivery of movable property may likewise be made by the mere consent or agreement of the contracting parties. 1499. 1500. (n)