2. As between persons other than the creditors: VALID CONTRACT
3. As to affected creditors of the seller/mortgagor: VOID CONTRACT
4. Criminal liability, if expressly provided
Disclaimer: This web site is designed for general information only and does not create attorney-client relationship. Persons accessing this site are encouraged to seek independent counsel for legal advice regarding their individual legal issues.
Free Legal Advice Philippines » GENERAL PRINCIPLES, UPDATES » LEGAL MATTERS, GEN PRINCIPLES, DOCTRINES, UPDATES » Commercial Law » Bulk Sales Law » EFFECTS OF VIOLATION OF THE BULK SALES LAW
Similar topics
Permissions in this forum:
You cannot reply to topics in this forum