Article 1473

RA 386 · Civil Code of the PhilippinesKey provision

ELI5— what this means for you

The fixing of the price can never be left to the discretion of one of the contracting parties.

Official text — RA 386

The fixing of the price can never be left to the discretion of one of the contracting parties. However, if the price fixed by one of the parties is accepted by the other, the sale is perfected. (1449a)

Source: lawphil.net (RA 386 as amended)

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