Obligations and Contracts

BARTER OR CONTRACT OF EXCHANGE

BARTER OR CONTRACT OF EXCHANGE

Article 1954.  A contract whereby one person transfers the ownership   of   non-fungible   things   to   another   with   the obligation  on  the  part  of  the  latter  to  give  things  of  the same  kind,  quantity,  and  quality  shall  be  considered  a barter.

>     One  of  the  parties  binds  himself  to  give  one  thing  in consideration of the other’s promise to give another thing



Follow us on streaming platforms

Musikatorni is a musical project by Atty. Ranny Randolf B. Libayan, known for its original song compositions that blend insightful lyrics with captivating melodies.
Show More