THE LEGAL CHARACTERS OF THE SALES CONTRACT

Year 2012, Volume: 4 Issue: 2, 461 - 468, 01.12.2012

Sorin Fildan Narcisa Mihaela Stoicu

Abstract

Although it is envisaged to be a classic and easy topic in its theoretical approach,
the establishment and analysis of the legal characters of the sales contract is the
starting point in the legal configuration of this contract.
The sales contract is regulated in articles 1650-1762 of the new Civil Code (which
make up Chapter V "The Sales Contract" of Title IX "Various Special Contracts"
in the Book V "On Obligations"). In addition to these texts - which are common
law in matters of the sales contract - the law also includes, however, a number of
special provisions governing either some private variants of this contract, or
regular sales, but with a particular object, sales for which the lawmaker has
established special rules, derogatory from the common law.
According to art. 1650 of the new Civil Code (NCC), sale is defined as "(...) a
contract by which the seller conveys or, where appropriate, pledges to convey the
property over an asset to the buyer, in exchange for a price which the buyer
pledges to pay. The dismemberment of an ownership right, or any other right, can
also be conveyed by sale."
The sales contract is a bilateral and mutually binding, non-gratuitous,
commutative, consensual and rights-transferring contract.

Keywords

The new Civil Code, sales contract, legal characters

References

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