PRICE AND PURPOSE DELIVERY
In Buy-Sell Agreements, the improvement of the legal act that generate, is completed with the agreement of the parties regarding the essential elements of the Contract, which are good and the price.
Price: providing by the buyer in the purchase agreement, or the price, it must be true, and given money.
Our laws clearly state that the price is right:
1. When the parties may determine an amount the purchaser.
2. When you leave your appointment at the discretion of an individual.
3. When reference is otherwise true.
determinable cash price is an essential feature of the purchase agreement which is considered burdensome.
The pricing gives validity to the contract because if the price is indeterminate, or if the thing is whatever it sells for a fair price, or what else he offer for it, or if the price fails to dock of one party, it will be zero.
PURPOSE OF THE PROVISION
Art. 1327 is very clear about things that can be sold: "They can sell everything that can be covered by contracts, even if future events, provided that the sale is not prohibited."
The thing must be an object material likely to have an economic value should be determined at the time of hiring or likely to be determined later, must exist at the time of the conclusion of the contract or be capable of further existence and alienation must be prohibited.
In Buy-Sell Agreements, the improvement of the legal act that generate, is completed with the agreement of the parties regarding the essential elements of the Contract, which are good and the price.
Price: providing by the buyer in the purchase agreement, or the price, it must be true, and given money.
Our laws clearly state that the price is right:
1. When the parties may determine an amount the purchaser.
2. When you leave your appointment at the discretion of an individual.
3. When reference is otherwise true.
determinable cash price is an essential feature of the purchase agreement which is considered burdensome.
The pricing gives validity to the contract because if the price is indeterminate, or if the thing is whatever it sells for a fair price, or what else he offer for it, or if the price fails to dock of one party, it will be zero.
PURPOSE OF THE PROVISION
Art. 1327 is very clear about things that can be sold: "They can sell everything that can be covered by contracts, even if future events, provided that the sale is not prohibited."
The thing must be an object material likely to have an economic value should be determined at the time of hiring or likely to be determined later, must exist at the time of the conclusion of the contract or be capable of further existence and alienation must be prohibited.
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