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Article 1474

RA 386 · Civil Code of the PhilippinesKey provision

ELI5— what this means for you

Where the price cannot be determined in accordance with the preceding articles, or in any other manner, the contract is inefficacious.

Official text — RA 386

Where the price cannot be determined in accordance with the preceding articles, or in any other manner, the contract is inefficacious. However, if the thing or any part thereof has been delivered to and appropriated by the buyer he must pay a reasonable price therefor. What is a reasonable price is a question of fact dependent on the circumstances of each particular case. (n)

Source: lawphil.net (RA 386 as amended)

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