Louisiana Civil Code 2450 – Sale of future things
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Terms Used In Louisiana Civil Code 2450
- Contract: A legal written agreement that becomes binding when signed.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
A future thing may be the object of a contract of sale. In such a case the coming into existence of the thing is a condition that suspends the effects of the sale. A party who, through his fault, prevents the coming into existence of the thing is liable for damages.
Acts 1993, No. 841, §1, eff. Jan. 1, 1995.