JURITEXT000006953053 Généré par l'IA

Seller's Right to Terminate Installment Sale Contract for Buyer's Breach of Payment Obligation

Numéro de cause JURITEXT000006953053

Autorité / Tribunal Cour de cassation

Juridiction

France (FR)

Date de la décision 1960-02-17

Issue du litige Rejeté (Dismissed)

Ouvrir la source officielle Version Markdown lisible par machine (.md)

Synthèse Legislator

Généré par l'IA

A contract for the sale of goods, where the buyer was obligated to pay in monthly installments, was terminated by the seller after the buyer missed several payments; the court held that the seller was entitled to terminate the contract due to the buyer's material breach of the payment obligation, even though the contract did not explicitly state that failure to pay installments would result in automatic termination, because the ongoing nature of installment payments constituted a fundamental condition of the agreement, justifying the seller's decision to seek termination.

Regeste Legislator

Généré par l'IA

Seller's Right to Terminate Installment Sale Contract for Buyer's Breach of Payment Obligation: A contract for the sale of goods, where the buyer was obligated to pay in monthly installments, was terminated by the seller after the buyer missed several payments; the court held that the seller was entitled to terminate the contract due to the buyer's material breach of the payment obligation, even though the contract did not explicitly state that failure to pay installments would result in automatic termination, because the ongoing nature of installment payments constituted a fundamental condition of the agreement, justifying the seller's decision to seek termination.