=ANCIENT LAW.=
=IV. In Case the Price should not be Paid, after Earnest Money has been
Given.=
He who receives earnest money for the sale of anything, can be forced
to fulfil his contract. But if the purchaser, either through sickness
or unavoidable necessity, cannot be present upon the designated day,
he may appoint any one he chooses to pay the price at the time agreed
upon. But where he himself is not present, or does not appoint any one
to act for him, he shall only be entitled to receive the earnest money
which he gave, and the contract shall be cancelled.
=ANCIENT LAW.=
=V. Where only Part of the Price is Paid.=
If only a part of the price is paid, and the balance should not be
forthcoming, the sale shall not be invalid on this account. But if
the purchaser should not pay the balance of the price at the time
appointed, he shall pay interest on what he owes; unless it should be
agreed upon by both parties that the property in question shall be
returned to the vendor.
=FLAVIUS RECESVINTUS, KING.=
=VI. Where Fraud is Committed in Stating the Price of whatever is Sold.=
If, in the sale of property, a smaller price is paid than was agreed
upon, and the purchaser should, fraudulently, and against the will of
the vendor, declare that he has paid a higher price than he should have
done, he shall be compelled to pay to the vendor double the amount of
which the latter has been defrauded.
=ANCIENT LAW.=
=VII. Where Anyone says that he Sold his Property for Less than it was
Worth.=
This rule must be observed in all sales where any property consisting
of lands, slaves, or any species of animals, is disposed of, to wit:
that no one shall attack the validity of the transaction by declaring
that he sold the property for less than it was worth.
=ANCIENT LAW.=
=VIII. Concerning Those who Sell, or Give Away, the Property of Others.=
Whenever a dispute arises concerning the ownership of property
which has been sold or given away: that is to say, if it should be
established that anyone has sold or given away what belonged to
another, no blame shall attach to the purchaser. But he who has been
so bold as to sell or give away the property of another, shall be
forced to pay double its value to the owner thereof, shall return the
price which he has received to the purchaser, and shall undergo the
penalty prescribed by the bill of sale. Whatever the purchaser, or he
who received the gift, shall have added to the value of the property
which was bought, shall be estimated by the judges of the district; and
full satisfaction of the same shall be made, either by the vendor or
the donor of said property, to him by whose efforts its value has been
increased. The same rule shall apply to every description of property,
including slaves and animals.
=ANCIENT LAW.=
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account