Civil Code Art. 1474: Nature and Form of the

Statute: Civil Code
Article: Art. 1474
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

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)

Cases applying this article

E. C. Mccullough v. R. Aenlle & Co. G.R. No. 1300

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