FACC 220 Study Guide - Midterm Guide: Luxury Vehicle, Consumer Protection

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Facc 220 sale & prep for midterm. *will not be discussing legislation on consumer protection don"t have time. **just be aware that as a consumer entering a contract of sale with a merchant, look at. 1708: sale is a contract by which a person, the seller, transfers ownership of property to another person, the buyer, for a price in money which the latter obligates himself to pay. 1713: the sale of property by a person other than the owner or than a person charged with its sale or authorized to sell it may be declared null. The sale may not be declared null, however, if the seller becomes the owner of the property. You must be authorized by owner to sell something if you are not the owner yourself. 1714: if party does not pay such damages, you are entitled to seize some assets of the defendant.

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