The Law on Sales - Nature of Contract of Sales (2020)

Nature of Sales Contract - This video discusses the nature of contract sales. Pre-requisite: Law on Obligations and Contracts    • Law on Obligations and Contracts   Contents: 0:00 | Start 0:27 | Overview 1:15 | Definition of Sales 2:29 | Nature of Obligations Created in a Sale 5:04 | Subject Matter of Sales 12:00 | Elements of Contract of Sales 14:12 | Stages in the Life of Sales 15:24 | Essential Characteristics 15:54 | Nominate and Principal 18:00 | Consensual 20:00 | Bilateral and Reciprocal 24:05 | Commutative 26:45 | Sales is Title and not Mode 28:13 | Sales VS Other Similar Contracts 28:39 | Sales VS Donation 29:20 | Sales VS Barter 33:36 | Sales VS Contract for a piece-of-work 37:57 | Sales VS Agency to Buy/Sell 40:30 | Sales VS Dacion en pago 42:30 | Sales VS Contract to sell