LAW ON SALES, AGENCY, MORTGAGE, PLEDGE,...

1. the parties to a contract of Bailment are 2. and 3. The parties to a contract of real Mortgage are 4. and 5. The parties to a contract of Pledge are and 6. 7. The parties to a contract of Deposit are and 8. 9. A person who brings together the buyer and seller so that they may agree on a contract of sale is called 10. An agreement whereby one undertakes for a consideration to indemnify another against loss, damage or liability arising from an unknown or contingent event.1. Any stipulation exempting the vendor from the obligation to answer for eviction shall be void if he acted in bad faith. 2. A general agency may be couched in specific terms, 3. if property is sold for nonpayment of taxesdue and not made known to vendee before the sale, the vendor is liable for eviction. 4. the vendee need not appeal from the decision in order that the vendor may become liable for eviction. 5. Warranty against eviction is inherent in a contract of sale, hence it is an essential clement thereof. 6. It is not necessary that the vendor of the thing must be the owner hereof at the time of sale as long as he can transfer ownership thereof to the buyer upon delivery. 7. A third persons dealing with an agent can require the agent to present his/her power of attorney. S. When the sale of a piece of real property is made through an agent. the authority of the agent must be in writing 9. The creditor cannot appropriate the things given by way of pledge or mortgage or dispose of them for failure to pay the obligation. 10. The buyer shall be entitled to the fruits of the thing sold from the time of the perfection of the contract. 11. The contract of pledge or mortgage may secure all kinds of obligations, be they pure or subject to a suspension or resolutory condition. 12. the insolvency of the agent does not extinguish the agency so long as the principal is solvent. 13. An agency is not terminated by the death of the principal so long as it was constituted in the common interest of principal and agent. 14. The principal may terminate an agency at will although a bilateral contact depends upon it. 15. The indivisibility of a pledge or mortgage is not affected by the fact that the debtors are not solidarily liable. 16. All movables which are within the commerce may be pledged provided they are susceptible of possession. 17. A bearer document of title becomes an order document of title when specially indorsed. 18. A warehouse receipt is a contract between the warehouseman and the depositor of the goods. 19. The principal shall reimburse the agent for sums advance in virtue of the agency even if the undertaking was unsuccessful provided the agent is free from fault. 20, the agent has a right to retain the things/goods subject to the agency until he is reimbursed by the principal for expenses and damages that he sustains in virtue of the agency