Civil Code Art. 1473: Nature and Form of the

Statute: Civil Code
Article: Art. 1473
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
Formerly: Art. 1449a of the old Civil Code
Year: 1949

The provision

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)

Cases applying this article

Rufina Yatco v. Jesualdo Gana G.R. No. 3876

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