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Part VIII Obligations of the Buyer, 36 Payment

From: Global Sales and Contract Law

Ingeborg Schwenzer, Pascal Hachem, Christopher Kee

Content type:
Book content
Product:
International Commercial Law [ICML]
Published in print:
26 January 2012
ISBN:
9780199572984

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 07 December 2023

Subject(s):
529ff919-adc7-4bf7-8ed3-58a8eb37583b — f1e7b0f4-55ae-4232-a909-bd620421c426 — 85193668-317e-4a6e-9756-d3199dd660d8 — b9e44dc9-8037-448d-a329-7e2f282e7bfe — 3c5ebb89-9294-4b27-850e-a92663c3dda5
36.01 The payment of the purchase price in all legal systems is the reciprocal counterpart of the seller’s obligation to deliver the goods and transfer title.1 In many legal systems this obligation typically involves the exchanging of goods for money.2 However, taken in the abstract the obligation to make payment itself should not be so limited. The concept of barter has been explained elsewhere in this text.3 36.02 It is primarily up to the parties to determine the purchase price or to make provision for the determination of that price.4 As has been indicated...
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