Practice question
A draft sale of a particular laptop states that the price will be whatever the seller alone chooses later, with no other agreed price mechanism or later acceptance by the buyer. Which correction best follows Article 1473?
- Agree on a certain price or a lawful determinable mechanism rather than leaving it solely to one contracting party
- Keep the clause because unilateral price-setting is always binding
- Delete all reference to consideration
- Replace the buyer's consent with the seller's signature alone
- Say that the document's title supplies the price
Legal references
- Civil Code, Articles 1458, 1460, 1473, 1475, 1477–1478, 1643, 1654 and 1657: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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