INFORMATION of BUY and SELL
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The sale is a contract whereby one party agrees to give one thing and the other to pay in cash. Says it will sell and buy it. The money the buyer gives the thing sold, is called price.
This contract has the greatest importance among his class because it is the contract transferring ownership and also because it is the main form of wealth acquisition modern, ie, both legal and economic role, deserves special study.
As the contract translativos domain, its main rules apply to the exchange; suffer these essential changes in the donation, also resort to the sale to explain certain mutual specialties, of society, of the transaction and of the annuity.
Moreover, the sale is the primary means of acquiring ownership. The domain acquisition forms are represented by the contract, inheritance, prescribing, occupation, accession, the award and the law. The contract is in modern law the primary way of acquiring property within the domain translativos contracts.
The trading in the modern Latin law, derived from the Code Napoleon, is a contract translative domain, which is defined as a contract under which one party, called seller transfers the ownership of a thing or a right to another, call purchaser by paying a certain price and money.
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