Seon Cations a (STA TOTE Cc ~ BUSINESS LAWS AND REGULATIONS MWF 5-é6pm Marjorie A. Pagsinuhin BSA 2 - 46234 Atty. Ma. Ellen C. Abas, CPA Adviser“ cHArTtR 1+ NATURE ond tORM alt, one of the ontace.. maelf do transfer dhe ovv- recip of and tp deivey a dekeeminadt shag, ond the other +» pay therefive a price erlain in aunt oc il equialend. Awertiod of caltengy be abs “wemditional agekw hioual{ tdelive some: thin = hess " buytr/ vin dee dpaarchaxcr Ging ptics lig 1 bade Melt pa gino squciad neme/deyqnation —eLannapal «cotta dees nd depind on cao ther avivact _bscotiol huqutths for 4 emntiod sea, ) smacad / eetting ofthe ounds ~ rach ofr, thee is 00 conyat > 2 thee 14 metly on aftr and me aceepfana of-THE-conTRACT ( SALE) Accidentel 6Htounts S pusvait [obycof._deanding ipa by the yordity Cink jwo kinds of Coated ol, pabistuk she sale tvmol auby fo any omdifion , itle/ommurehtp posits te ae baat pen biliary 2) omditional ~ the cele antemplaber 6.cant ingeney , raheve He enki id subind 40 certain conki tions mere f, pmnotin) = 2tth gaine 40 bagi sper delivery = noepaymad ts negative tuctudiny candition ew, seller ace ovanershap Ji Ormerchip. pastes upon fll prayronf oF Ihe priet > pope (fill) posite neato edition zatlhey hae the Hight to enfoee pagnarh tedden paservehis Darwin > emdrtevaloale, shox x altady qcondvad + Hen delirey bud ovenenchap sir rekained by sehr fone ee 3 qecific performan e [Seid > paymed comply thetranca Bien. ct 40 sel fa “> mcediod leak , raly pxporatny untod mu deliroy yet, ne.tok. yet. no specific pertormancs / resciigiey, = ne eentrad ayer cil oh emp HanvachionHisgu of enthad of vale D_prrparadion Leeneaphitn Cquneradion D perttchion / bid 2 ompumnading / death Ueneds of conrad of sale » rsetrdial - meessony fy validity afeale v count abjed, pre erlain wD nedurol emote ~ iabexhd in the omdra cf Y womanty againal eviehion X warronhy agains} Whidden defer D accidental elemenby ~ may ow may nol evist ia the vetted! ART. 959 the thing murt be lit andthe vender wnsf. nave @ vighf #9 trantte the twinexship ther of af the time it iedelinetd. hequinite concerning ube J Hinge st be S detrminale Ss Wett Havtul Smad be ep eas bie ay righks — hane) ghd maf infranemid~ ible s Kinds of itiedd Phange a) ileal por se ~ heinens, immaceed,, harmful. Clcayd fodf Y Wicib pee cident — prwibited lle ttl o» dings Cprobibite by fan) Hight of vendiy tet ranch oe werthup gnc ca onlysell hob he nm, ery when Gt exeste of the tine of delivery Abt. 160 ; A thing is debteninalh when /1 te petra ale may beciley raiding spode owned _ bythe seller a1 goods fo Je monafad iM larly dvaignald o pnysicaly segregokd rm all othees of the some lags Thi requisite ic sabistid H af the Hove, the contrccliy cateed into, the thing iv capabh of bring made detreminah wrtirnf the necessity of a.nereor father agcement betueen the yartiee Aq. I$Gt Things having a petential exiehnce may be the eck of the conttack uf sale The eBicacy of the sale vf cme hips or ex~ pct ic deeated subjedt to the condition that ibe hing rill come into eeidence The sale of a vain hipe arexpectiney ic void: cmpfin 20 sngratag S galt of an expechd thing cubjed the vondi- tim thal the sing vill come ifs anyfince. eS toys HC ofc hope ar expec yortrah eats with prexnt thitg the hope of expect - acy An. (le __thequedd wih form ae cubed sf acanbrach of ev pont 4 the sell after the pee taivtd | or acquind of ale yin thie Tle b fedion of the nee called "fuduc goad" Thexe may be coatrad of cale of pots, whose acquinrtina by the velley depends user _aearttingney ole mayor may nat happen bods wlvieh meu be thy abyedt of sale ) ending good 2) fdurt qaeds ~ ta be manufactured. sacl ov ocquined = Nhapptca be pads ws fochuned specially forthe buyerAnt. 1963 thesalt avine of athing may athlon undivided intoust shertin egal Rd beck of undivided inkuel \s ich make the buyer cor-eviney id dhe ding ald, be acquits Full oomershap ef his pert and ney eh it 7 SS une oriner con dispne of hiv shay wilheuf the vonank of okey eo “tuners. Abr. 150 inthe cax A fuagible ands, there meayhe 4 se of meal thou ofa specific mess, Hheagh the selley purport foci! anc the buyty he boa a definite wuimber , weight of mecawre She quads inde mane ie undetermined by toch a sale the buytr Mumma the onney ia af much 6 shay af tht mau av the numkr, tot meagan bought heary: to thenumby we iS an mean of the mast H fhe mau umtaint {ese thom the mubnber jwrighd oy meagan brnght, the buyer becomes the UY of fe while macs andthe sclity <4 bend to male oud the defi~ shancy from goods of the tore Lind and quality; unless 4 sentra emitnt appears - Atk cf tin undivided smaw of o specie mess 4) meeming of funsglKe spade ~ any waitiv # tread etalk om eae 9). MET th — sent teayact nig om “wale dhge fapest, povided mous such dawn, re cy Kemer ¢6-oninty with Slley at show ur —pes...0f¢ ~—time ar not ica. ty buf if —the grads at tole manatact wid spucilly hic 4 conte te the object of the contract of sok. Resolakiny CAdtion San uncertain vert whet the haynt- vita of whieh Ane ligation subjeel fo iF i axtiaguishe : ALT. Wel fasts pemsiruding « conlead tainin previnins characttvistie of bath the cndr- act of sake and of the contrack of agency to acl, the ecdeatiad clauses the eoatiad “saall bc eon sided de dislinguithed from agtneg : fale = pays for the pre (buyer _Hhe oom af grade/ prope vedurn ifthe sale ie defeive zee wor rants the qyeds , has full freedom Lo enk anyy deme on the cmtad Agnes agenl decan't pay for the prt) iy hot the Onmtey of the goods; ic able toseloen the gods ifhe cant cell iN} docen't make warranties > fallovas tne iactaadion. of pvict Rt. 1647 Aueattad far wile thedelewny ol acertesn the veadey tn dhe adinany cere, Tan hat anluther the same lt, be if fox.t\t tmnt and pod nar special acdey and wifContra tee a pitce af werk exuthnce 1 forthe order of the party descing to acquire } eervieg denrinabe the contra ercnif then ica salt of goed involved S nat mbin teduk of Froude contra of Jake 0446 and isthe subject of sale f seme other persea , even wither yreter © priman sbjedine tthe Hm manutachued S geernalh by stabi of frowde Abt, Hes Ie omsiderabion cents and padhy in anatier thing, the anscetio shal be chacgehenred by the mani iakady tthe pavties, IF ruchinuktion down "Qapuear, shall be comideed a bo ctr tole ofthe Thing givin ais poet af consid Hon exceeds the amovetaf mony or its equiva af other, i ole: hulesif cond ocedina. partly in oarncy, wnnry, - sale eta it equeds salt Money etchan ge Y tral t forign areas) ~ ther 1 eae peerek aa » local to foeof caren ey ~ bas fer ee z —lnorder_ Shak the pre may bt cai partly of mene, Med celeaasitahol be suftucad jal sowith Rtomate aa, nT ee tha the delerarinali WSS t itn thevtol bé_uelt 44 the Aadgemont. of o specified prton or Ptrainy, fhoald such ptrsm oc Ptrsony be unable te tailing 44 Fuxit, the condi ack. chet be iaelrcan whee unllys the pasticy wus batq wend ly gee supa the price eee ail He the shire preoals adkd in bod faith Shy nuctake the onsets et Sy fix the price. Whertsuch third pecronl a prevented $ roay fisen, the paeov tree by fault af dhe seller buyer, the partly nok infeult ma 4: hare such ueredics again. Ihepartyin foal Ac ave alitwed the eller oy the buster orth he cost mney be x congidvaaion for fhe fining of the priee witch was beth parti. MW cectatait if te. dete nother thing which ie thd crepsion D itd pocon ackeia bad faith rd persen drercgarde the 4 tastractions or the proaduy marked out the pou if _ Pgol Lind vy 2" en eel: aualeseparhite sed upmn dhe pri coreaked £10 fists SC. the parky thd whe 2) extlead vt atiegoedly 9 pat the. ard perce Lh pi bya tol of. fhe acer bye Tin au mayoblle. es eget the partyin... __tault pi = decsnshakee a centred ___b ta inadeqnary of pte fsnle sexcpl it may indicake a eect in the _rengcuf, arthiaf dhe partite. cally, inkind ed a. © Genahirn er seme ther och aR conteact heck of imutcked tee (Ad. 1971) tne void, tee Ht anil be chor haf jhe poses inended a denotion or vsme other act of vbt- aalilg: eters Se |____ price simulated ~ no pret toaupport of.cole, auch hal neither pordy hd ang i thal theemount will pod ~ void vee fake cal faxed: —cotrad it valid , bu eas ct te furmation ty. indecah. the al price pot deal the mince af the pater have me! “Hedet inadequoey of pre ” Cr stunteay dalee Lee p inked g donadir ther aor cause a daalin cee — PE the price Ke at te delivee 4 tu and ay Aer igre gcnaribey, gran. iguide, and. italso be -conaidexd ctifovn ined ia thot. afuich the Hang definite dog ,w in & ar Edd | on then ov belen provided he pret other thinge steal when fl pre ti gold weald have one porter schon £2 amoat ivfiad ob6ve or aud ornrunst Be ctrhein: Inve dt. a gen day af porteulor morksk N when amd. ia fined above (belt the pre magiren day ty ing porficaten markel , ‘vad amt, must K cerfain , other, sale __taefecau'ont, be the price can't le dedemineh net. 497 thefining ot the P Sean weed ic tet] ts the . nt ad re of ane parkts rRofed. connote madt 40 deqtnd upon the = pertie but. 1974 Inher the price connet be determined in —lieteordane with she preceding articles, wt in anyother meaner, the emtrack js in-e Freou oa, i i Hiveevey., id the thine iia there: iad by the page, he mast Pa) Iearnb z therctoe . whet ie nqsenable See a tution of fet depindeng ieee Fences afeoch peutic ley ac.Yes, byyer must péry qreaschable price for behalt ot for theautitneer , foemploy or indie tel port.detiroed,.C caarnalts pria.sCtlt gay gerionte bid. af sucheate on fu hore prtccot the Hore ond plece Fited by thecentiod fur theseitr 0” knowingly b tak ang bf or..by eave forthe delivery af quads. fipm the aller at.any patern valid cepa not _unepnacimaable under the ciuamatences “The expats for fhe exxcubion and tug esa dha be bon b de z ne for exccatien ond x for sus nares, AlT Wao agied taper in the manage 2 Hiemends, are “CHAPTER 2 _carnayy 12 BUY IR sfu .. + ART NID All posone iho oo auihoiued inthic (ode ta abligakt Aheonach, may enbtr lds 0m jad ofl, saving the modifi cafieny centa- ned in the Me cnbides her neceicants aut wd ‘and delierd, other plrsen wile capacily. adh pay q xcssoreabl price then thee refered ta in Act. )) absctute - porte oe bing himaclf in _a nlafin inca Beet mudl pay a aacriable price theethangs whe aw needed deeqihing | clething and medical assistance , in Leaping with capacihy of the of the incapacHakd perm. the hushand.ond.tife ceennat sell pro> May fu each other, exaph s¢paradrin of -patptcly se. 2 When then has been ajudicral sepa ~ —--calion.of prytety under Art alcxaph as mentioned iathe Ad. abwe ; for Param helabicly tue patechion of tied preaens an duly iaflume, and vidadien eparibitin agcindl devalion. Ant. 41 ie 2) pubic offices Lemgleyces ~ py 2) agenfs ~ pathy of princpod 3) Suardion = proptdy of Thefelowing MrtOrs camrol aeaquin hy 9) vtewlrat /odminittrafer! ~ ertak Marchase_otn ate public. ox judictad ocaction.2) justics/ judge Zpanreuting aWerneys , eds, either ia dram octhreugh the mediadion of top oye of cut — properly Hig ae ansther; BB a! ss bigalien kag () the quordian dhe property of the 0) others dcgualilied bylaw Hise oy petens why may be under tate part tat ot x guardahip Fiductany talaht ership (agente, the prrndy whey ad minis wilh ( rep tod (4-9) il uritals nathan ben alana it them ,unlece the convent of the principal hay been given Ha pee Perri The prohibitions iadheiwo puctding arlicks ox apical 4 cen kegel demphi, spr d ration, or inctifvein , she admintisticdtin of whach has been = N40 and 194). es of the Absngy (2) duattees, judas, | clerks, (upteien and ather offiaes mp Lt t “4 ion of juatice , the proprly and rights 0» Uligadon ar Jevitd pon an ~axectdion before the nuit ond shall apply fa lawyers raul te He potty oo hh may be the objec a toy par} by vw