Business Contracts
Auteur : Louis Vogel
Sommaire de l’ouvrage
Introduction
Section 1: Transfer of a thing
I: Setting of price
II: Limits to setting of price
B: Set-off of debt (compensation)
C: Payment in kind
Chapter 2: Related contracts
Title 2: Formation of the contract of sale
Title 3: Performance of the contract of sale
Title 4: Revisiting the contract of sale
Title 5: International sale of goods
Part 2: Contract for services
Part 3: Construction contract
Part 4: Subcontracting
Part 5: Agency agreements
32. Payment of a sum of money
1 minute de lecture
A contract of sale is a contract for valuable consideration by which one party receives from the other a benefit in return for that which it provides: one party undertakes to deliver a thing, and the other to pay for it (Art. 1582 Civil Code). By definition, this type of transaction is quite different from a gratuitous agreement, which is characterized by the fact that “one of the parties provides …