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Baviera Sales Outline
Baviera Sales Outline
Baviera Sales Outline
SALES - BAVIERA
Outline Review Guide
I. INTRODUCTION
A. In General
1. Prior Codes Governing Sales
2. Distribution Between Rules Governing Commercial and Civil Cases
3. Changes Introduced by the New Civil Code
B. Definitions
1 Sale
4. Options
5. Right of First Refusal
6. Earnest Money
7. Contract to Sell or Executory Contract of Sale
8. Goods
9. Document of Title to Goods
10. Insolvent
11. Conventional Redemption
12. Legal Redemption
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B. Must Be Determinate
1 Meaning of Determinate
37. Under the Old Civil Code
C. Particular Kinds
1 Future Goods
38. Sale of undivided Interest or Share
39. Sale of Things in Litigation
40. Things Subject to Resolutory Condition
IV. Price
A. General
1 Necessity of a Price
46. Inadequacy of Price
47. Definiteness and Certainty
B. Medium of Payment
1 In money or its Equivalent
48. Earnest Money
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B. Sale by Auction
1 How Perfected
D. Options
1 Validity
B. Exceptions
1 Sale or Return
50. Sale on Approval
51. Executory Sales
C. Kinds of Delivery
1 Real Delivery
52. Delivery by Public Instrument
53. Not Equivalent to Delivery
54. Tradition longa manu
55. Tradition brevi manu
56. Tradition Constitutum Possessorium
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B. By Lien
1 Nature
77. Loss of Lien
78. Revival of Lien
C. Stoppage in Transitu
1 In General
79. When Goods are in Transit
80. Sale of the Goods in Transit
D. Resale
1 When Allowable
81. Damages Recoverable
E. Rescission
1 When Allowable
82. Meaning f Rescission
X. Performance of Contract
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2. Sale of Goods
1 Delivery of Wrong Quantity
83. Delivery By Installments
3. Sale of Immovables
1 Where Price is at Certain Rate Per Unit of Measure
84. Sales for a Lump Sum
B. Payment of Price
A. In general
1 Liability for Interests
88. Suspension of Payment
XI. Warranties
A. Express Warranties
1 Distinguished from Condition
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E. Barter
1 Remedies
B. conventional Redemption
1 Distinguished from Equitable Mortgage - Under the Old Civil Code
93. Under The New Civil Code
94. Remedies Under the New Civil Code
95. Distinguished from Option to Buy
96. Period to Redeem
97. Exercise of the Right to Redeem
98. BY Whom Exercised
99. From Whom to Redeem
100. Effect of Redemption
101. Effect of Non Redemption
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C. Legal Redemption
1 Under the New Civil Code
101.1. Definition
101.2. Co Owners
101.3. Adjoining Landowners of Rural Land
101.4. Adjoining Landowners of Urban Land
101.5. Assignment of a Chose in Action
101.6. period to Redeem
101.7. How Exercised
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D. Types of Property
1 Stock of Goods, Wares, Merchandise
108. Stock of Provisions or Materials
109. Fixtures and Equipment
E. Exempt transactions
1 Written Waiver by Creditors
110. Sale by Officers Acting Under Judicial Process
A. List of creditors
1 Who are the creditors?
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