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Business Contracts

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 1: Contract of sale

    • Title 1: Classification of the contract

      • Chapter 1: Components of the contract of sale

        • Section 2: Payment of a price in consideration

          • III: Forms of payment

            • A: Payment of a sum of money

            • B: Set-off of debt (compensation)

            • C: Payment in kind

34. Payment in kind

1 minute de lecture

The payment in kind (dation en paiement) mechanism provided for in Article 1342-4, last paragraph, of the Civil Code, presupposes that a creditor agrees to receive in payment something other than what is owed. In other words, according to the Court of Cassation, a payment in kind occurs when the creditor receives something other than the very object of the debt. If it follows that the debtor of a …

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