Civil Code Art. 1479: Nature and Form of the

Statute: Civil Code
Article: Art. 1479
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. 1451a of the old Civil Code
Year: 1949

The provision

A promise to buy and sell a determinate thing for a price certain is reciprocally demandable. An accepted unilateral promise to buy or to sell a determinate thing for a price certain is binding upon the promisor if the promise is supported by a consideration distinct from the price. (1451a)

Cases applying this article

United Muslim v. Buen G.R. No. 179653
Spouses Cipriano Vasquez v. Honorable Court of Appeals G.R. No. 83759

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