Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 2701

State of Kuwait · Civil Matters — Volume 11 · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

The price is an element of a sale contract. Failure to agree on fixing it or making it determinable. Its effect. Nullity of the sale unless it appears that the contracting parties intended to transact at the price customary between them or at the market price.
Arabic original
الثمن ركن من أركان عقد البيع. عدم الاتفاق على تحديده أو على جعله قابلاً للتحديد. أثره. بطلان البيع ما لم يتبين أن قصد المتعاقدين التعامل بالسعر المتداول بينهما أو بسعر السوق.
Original Arabic judgment citations

(الطعن ٣/١٩٨٦ مدني جلسة ١٢/٥/١٩٨٦ مج القسم الثاني - المجلد الأول ص ٧٦٣)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 11 — Ministry of Justice — Court of Cassation — Technical Office. PDF pages: 524.

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