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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 2: Unilateral promise to purchase

        • Section 3: Bilateral promise of sale (Promesse synallagmatique de vente)

          • II: Legal rules

            • A: Breach of promise of sale

            • C: Voidance of promise

99. Lapse of promise

1 minute de lecture

Since the reform of contract law, Article 1186 of the Civil Code stipulates that the absence of one of the essential elements of the agreement, subsequent to its formation, is sanctioned by its expiry/voidance (caducité). According to Article 1187 of the Civil Code, this puts an end to the agreement and may give rise to restitution. When a bilateral promise of sale has been entered into subject t …

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