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Pretium verum

In conclusion then, the price generally had to consist in money. Furthermore, it had to be verum and certum but not necessarily iustum. The first of these requirements was fairly straightforward: "Cum in venditione quis pretium rei ponit donationis causa non exacturus, non videtur vendere."[1293] The price had to be seriously meant; otherwise the transaction was merely a donation in disguise. That the price was very low did not in itself invalidate the sale, as long as the vendor seriously intended to demand it. Only if it was derisory ("nummo uno" )[1294] could it normally be assumed[1295] that the parties did not actually have in mind the conclusion of a genuine contract of sale.

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Source: Zimmermann R.. The Law of Obligations. Roman Foundations of the Civilian Tradition. Juta & Co, Ltd,1992. — 1241 p.. 1992

More on the topic Pretium verum:

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  2. Pretium iustum
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  4. Merces locationis
  5. Laesio enormis and equality in exchange
  6. Once again: "Si vas" (Pomp. D. 19,1, 6, 4)
  7. Emptio Venditio
  8. The question of arrha
  9. Condition, lex commissoria and rescission in South African law
  10. The payment of the purchase price
  11. Periculum est emptoris
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