Matching Type:
Terms:
1. Barter
2. Piece of Work
3. Price
4. By-bidders/puffers
5. Policitation
6. Symbolic delivery
7. Traditio constitutum possessorium
8. Unpaid seller
9. Warranty against eviction
10. Accion redhibitoria
11. Legal redemption
12. Equitable mortgage
13. Document of title
14. Bill of lading
15. Sale or return
16. Dacion en pago
17. Fungible goods
18. Straight sale
19. Emptio rei speratae
20. Earnest money
21. Tradition longa manu
22. Possessory lien
23. Eviction
24. Easement or servitude
25. Accion quanti minoris
26. Pactum Commissorium
27. Conventional redemption
28. Vendor
29. Relative incapacity
30. Waiver consciente
31. Emptio spei
32. Legal formalities
33. Necessaries
34. Stoppage in transit
35. Order document of title
36. Right of pre-emption
37. Warehouse receipt
38. Vendee
39. Sale on trial
40. Absolute incapacity
41. Payment by cession
42. Future goods
43. Bearer, document of title
44. Waiver intencionada
45. Traditio brevi manu
46. Assignment of credit
47. Bailee
48. Redhibitory effect
49. Auction
50. Option money
Statements
1. Ownership of thing is transferred to the creditor to settle a monetary obligation.
2. Lacks formalities but nevertheless shows the real intention of the parties to create a
specific property to secure the performance of an obligation.
3. The refer to interchangeable goods such as grain, oil, etc., that allow one to be replaced
by another without loss of value.
4. Proof of perfection of a contract of sale.
5. Includes warehouseman, carrier or other person who receives the possession or custody
of the thing delivered.
6. Even professional inspection is not sufficient to discover it.
7. Exercised by the seller by obtaining actual possession of the goods or by giving notice to
the carrier or other bailee having actual possession of the goods.
8. It is made by the buyer with knowledge of the risk of eviction; hence, the seller will not
have any liability if the buyer is evicted.
9. Ownership is transferred to buyer upon delivery, but he has the option to revert such
ownership to the seller.
10. Ownership of the thing sold is retained by the seller despite delivery to the buyer, but the
latter agrees to pay the price if he finds the thing satisfactory.
11. Delivery that takes place when the buyer who was in possession of the thing sold at the
time of sale continues in possession of the same as an owner.
12. Negotiated by indorsement.
13. Sale of property to the highest bidder.
14. The party in a contract of sale who is obligated to transfer the ownership of and to deliver
a determinate thing.
15. The consideration paid for the purpose of holding one to his promise to buy or sell a
determinate thing for a certain period of time, which consideration is separate and distinct
from the purchase price.
16. Applies to persons who, under certain circumstances, cannot purchase certain property.
17. The person obligated to pay the price of the thing purchased.
18. Delivery of a movable by mere agreement of the parties if the thing cannot be transferred
to the vendee at the time of sale.
19. Negotiated by mere delivery.
20. It is made by the buyer without knowledge of the risk of eviction.
21. The consideration of the contract is another thing.
22. Applies to persons who cannot bind themselves in a contract including a contract of sale.
23. A document used as proof of the possession or control of the goods or authorizing or
purporting to authorize the possessor of the document to transfer or receive, either by
indorsement or by delivery, the goods represented by such document.
24. Right given to an adjoining owner of an urban land to purchase the same ahead of others
if such land is held for speculation.
25. Delivery through the execution of a public document.
26. The deprivation by final judgement of the vendee of the whole or part of the thing sold on
a right prior to the sale or an act imputable to the vendor.
27. Refer to goods to be manufactured, raised or acquired by the seller.
28. The sale of hope or expectancy.
29. Includes one who has received as conditional payment for the goods a negotiable
instrument, but the condition has been broken by reason of the dishonor of the instrument
or the insolvency of the buyer.
30. Include everything indispensable for sustenance, dwelling, clothing medical attendance,
education, and transportation.
31. The balance is payable in its entirety after the payment of an initial sum.
32. A contract for the delivery at a certain price of an articled to be manufactured specially
for the customer and upon his special order, and not for the general market.
33. The sum stipulated as the equivalent of the thing sold.
34. The right to be subrogated upon the same terms and conditions stipulated in the contract,
in the place of one who acquires a thing by purchase or dation in payment, or by any
other transaction whereby ownership is transmitted by onerous title.
35. Seller’s undertaking that the buyer shall enjoy legal and peaceful possession of the thing
sold.
36. A stipulation in a contract of sale involving an immovable that the sale is automatically
rescinded upon failure of the buyer to pay the price.
37. Delivery of the keys of the place where a movable is kept or stored.
38. Contract for the storage of goods for a compensation.
39. Buyer’s remedy which involves the proportionate reduction in the price of the thing
purchased.
40. A unilateral promise to buy or sell a thing which is not accepted by the promissee.
41. An unpaid seller’s right to retain the goods for the price while he is in possession of them.
42. Remedy of buyer to withdraw from the sale and ask for damages.
43. An encumbrance imposed upon an immovable for the benefit of another immovable
belonging to a different owner.
44. A person employed by the seller or auctioneer to raise the price in an auction sale.
45. A document issued by a common carrier acknowledging the receipt of the goods and
agreeing to transport and deliver them to specified place.
46. Right of the seller to repurchase the thing sold and the exercise of which was reserved by
the seller at the time of sale.
47. Delivery that takes place when the seller continues in possession of the thig sold after the
sale but as lessee, depositary or otherwise.
48. The creditors are given the right to sell the debtor’s properties and apply the proceeds to
their respective claims.
49. It has for its purpose the transfer to another person of the right to collect the debt.
50. Sale of an expected thing.
