This case has been cited 3 times or more.
|
2005-06-23 |
CALLEJO, SR., J. |
||||
| c) Price certain in money or its equivalent.[32] | |||||
|
2004-09-30 |
TINGA, J. |
||||
| Until the contract is perfected, it cannot, as an independent source of obligation, serve as a binding juridical relation.[4] In a contract of sale, the seller must consent to transfer ownership in exchange for the price, the subject matter must be determinate, and the price must be certain in money or its equivalent.[5] Being essentially consensual, a contract of sale is perfected at the moment there is a meeting of the minds upon the thing which is the object of the contract and upon the price.[6] However, ownership of the thing sold shall not be transferred to the vendee until actual or constructive delivery of the property.[7] | |||||
|
2004-05-25 |
TINGA, J, |
||||
| Article 1159 of the Civil Code also provides that "[o]bligations arising from contracts have the force of law between the contracting parties and should be complied with in good faith."[28] Courts cannot stipulate for the parties nor amend their agreement where the same does not contravene law, morals, good customs, public order or public policy, for to do so would be to alter the real intent of the parties, and would run contrary to the function of the courts to give force and effect thereto.[29] | |||||