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JOVAN LAND v. CA

This case has been cited 2 times or more.

2007-12-13
CHICO-NAZARIO, J.
A contract of sale is perfected by mere consent, upon a meeting of the minds in the offer and the acceptance thereof based on subject matter, price and terms of payment.[29]  Until the contract of sale is perfected, it cannot, as an independent source of obligation, serve as a binding juridical relation between the parties.[30]