Civil Code Art. 1462: Nature and Form of the

Statute: Civil Code
Article: Art. 1462
Topic: Nature and Form of the Contract
Book: BOOK IV Obligations and Contracts
Title: TITLE VI SALES
Chapter: CHAPTER 1 Nature and Form of the Contract
Year: 1949

The provision

The goods which form the subject of a contract of sale may be either existing goods, owned or possessed by the seller, or goods to be manufactured, raised, or acquired by the seller after the perfection of the contract of sale, in this Title called "future goods." There may be a contract of sale of goods, whose acquisition by the seller depends upon a contingency which may or may not happen. (n)

Cases applying this article

Generosa Aviles v. Segunda Arcega G.R. No. 18341
Narcisa Sanchez v. Roque Ramos G.R. No. 13442
A. A. Addison v. Marciana Felix G.R. No. 12342
Jose Florendo v. Eustaquio P. Foz G.R. No. 6565

Related provisions in this Chapter

Civil Code, Art. 1461 Nature and Form of the Contract
Civil Code, Art. 1463 Nature and Form of the Contract
Civil Code, Art. 1460 Nature and Form of the Contract
Civil Code, Art. 1464 Nature and Form of the Contract
Civil Code, Art. 1459 Nature and Form of the Contract
Civil Code, Art. 1465 Nature and Form of the Contract
Civil Code, Art. 1458 Nature and Form of the Contract
Civil Code, Art. 1466 Nature and Form of the Contract

Civil Code, Art. 1462 is found in CHAPTER 1 Nature and Form of the Contract of TITLE VI SALES of BOOK IV Obligations and Contracts of the Civil Code of the Philippines (Republic Act No. 386).

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