DOI Page / Citation link:
https://doi.org/10.11588/diglit.52452#0177
IX, 2.
SALE AND PURCHASE.
149
to that merchandise for which the price has been
tendered. When the price has not been tendered,
there is no offence to be imputed to the vendor,
except in the case of a special agreement.
*11. It is for the sake of gain that merchants are
in the habit of buying and selling merchandise of
every sort. That gain is, in proportion to the price,
either great or the reverse.
*12. Therefore shall merchants fix a just price
for their merchandise, according to the locality and
season, and let them refrain from dishonest dealings.
Thus (by adhering to these principles) traffic be-
comes an honest profession.
NINTH TITLE OF LAW.
Rescission of Purchase.
* 1. When a purchaser, after having purchased an
article for a (certain) price, repents (of the purchase
made by himself), it is termed Rescission of Pur-
chase, a title of law.
*2. When a purchaser, after having purchased
an article for a (certain) price, thinks he has made
a foolish bargain, he may return it to the vendor
on the same day, in an undamaged condition.
delivery, the vendor commits no wrong by retaining a commodity
sold, on purpose to obtain payment. Thus according to the gloss
in Colebrooke’s Digest, III, 3, 20. The Viramitrodaya (p. 441) has
a slightly different explanation. ‘ Where the price for a sold chattel
has not been paid, and the purchase concluded through a verbal
engagement merely, there is no offence whether it be ratified or not,
unless there should be an agreement in this form, “ This purchase
cannot be rescinded.” ’
SALE AND PURCHASE.
149
to that merchandise for which the price has been
tendered. When the price has not been tendered,
there is no offence to be imputed to the vendor,
except in the case of a special agreement.
*11. It is for the sake of gain that merchants are
in the habit of buying and selling merchandise of
every sort. That gain is, in proportion to the price,
either great or the reverse.
*12. Therefore shall merchants fix a just price
for their merchandise, according to the locality and
season, and let them refrain from dishonest dealings.
Thus (by adhering to these principles) traffic be-
comes an honest profession.
NINTH TITLE OF LAW.
Rescission of Purchase.
* 1. When a purchaser, after having purchased an
article for a (certain) price, repents (of the purchase
made by himself), it is termed Rescission of Pur-
chase, a title of law.
*2. When a purchaser, after having purchased
an article for a (certain) price, thinks he has made
a foolish bargain, he may return it to the vendor
on the same day, in an undamaged condition.
delivery, the vendor commits no wrong by retaining a commodity
sold, on purpose to obtain payment. Thus according to the gloss
in Colebrooke’s Digest, III, 3, 20. The Viramitrodaya (p. 441) has
a slightly different explanation. ‘ Where the price for a sold chattel
has not been paid, and the purchase concluded through a verbal
engagement merely, there is no offence whether it be ratified or not,
unless there should be an agreement in this form, “ This purchase
cannot be rescinded.” ’