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Ouvrages

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

          • II: Legal regime

            • B: Absence of exercise of the option

              • 1°: Waiver of the option right

              • 2°: Loss of option right

                • a): Voidance (caducité)

                • b): Substitution

        • Section 2: Unilateral promise to purchase

83. Loss of option right

1 minute de lecture

While the beneficiary may freely decline to exercise the option, he or she may, in certain circumstances, be deprived of the right to do so, either because the promise has lapsed, or because he or she has substituted a third party, or because the promisor has sold the property to a third party in breach of the unilateral promise. …

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