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Business Contracts

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 1: Contract of sale

    • Title 2: Formation of the contract of sale

      • Chapter 2: Pre-contracts

        • Section 1: Unilateral promise to sell

          • I: Formation

            • A: Classification

            • C: Effects

              • 2°: Acceptance by the beneficiary of an option right

        • Section 2: Unilateral promise to purchase

72. Effects

1 minute de lecture

Under Article 1124 of the Civil Code, as enacted by the reform of contract law: "A unilateral promise is a contract by which one party, the promisor, grants to the other, the beneficiary, the right to opt for the conclusion of a contract, the essential elements of which have been determined, and for the formation of which only the consent of the beneficiary is required. Revocation of the promise d …

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