Emptio Spei "iia. the sale of mare ope or ‘expectancy. he hing wil come to existence. Salo of tho hope ise, Salo fective ven i ‘he ting does nat come ko existance unless van hope: Object is a prosont hing which Is te hope or expectancy. Emptio Rei Speratae Sale of a thing with potontal existence here sale Is subered to 9 canton that te {hing wil eos, iF does nat, ten tare Is no contact Objet satire thing. Excoions feSale of @ thing have potential 2. Sale a fue goods: and 3. Object must be detrminato and not of 2 common thing Object i lost before perfection The sel bear the lose Object ost aftr the delivery tothe buyer "The buyer bears tho lose Object is lost after perfection but before the datvery. itis the buyer that bears the loss unis res port amino (groper Tot fo he ‘ne. Kinds of Delivery +" Realor Actual In nthe eontot possesion of the vend + Legal of Constructive e's by operation of aw + Quasitraion Delvery of sighs, exodts, or Incorporeal property by public Insrument;"pincng tes of twner ship fo te. buyer, and Slowing buyer to make use of "oh. Kinds of Logal or Constructuve Delivery 3. Legal Fomaitios aby public ostrumant. Trae smoot Uses 2 symbol to represent the thing davore Tato Longa Manu The dlvery i by mere concent or agreement by De partes, Soler pons out to the buyer witout 2 need of actual “otvory Taio res Manu “The lessen has now become a forme leacee ofthe house, “The owner had sol his house, but is In the capacity of a lessee, Express Warranty Tiga warranty operative. rom the moment of sale Inpliod Warranty ‘A warrany that arses bt oporation of law because of the ereomstances of slo, rather nan bythe Salle’ express promise Kinds of Waiver "Waves Consist ones winout the knoe Df the rok of eviclon, Vondor ‘Shall ony pay the value upon tho tine of ovcbon Weis the waiver made by the endee win the knowledge of the rk of evcion and aesumed Eoneoquanees. The vender ‘shalinot be fable, Note: In both consciente. and intenconad, Presumption in conscont that both patios ‘rein good faith. Resceson fe nota macy, when You rescind ina coivact of sale bat partes must {ve back what the ther has. Into evcon, the vende cannot retum the bjet of cotack staat \Vendee can sil rescind in patil eviction