Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1938

State of Kuwait · Commercial and Labour — Volume 9 · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

Failure to state the price in a contract for the sale of a business. No nullity if the agreement or circumstances show that the contracting parties intended to deal at the price customarily used between them or at the market price. Article 460 of the Civil Code.
Arabic original
عدم ذكر الثمن في عقد بيع المتجر. لا بطلان إذا تبين من الاتفاق أو الظروف قصد المتعاقدين بالتعامل بالسعر المتداول بينهما أو بسعر السوق. م ٤٦٠ مدني.
Original Arabic judgment citations

(الطعون ١٢٨٩، ١٣١٦/٢٠٠٤، ٤/٢٠٠٥ تجاري جلسة ٢٩/٤/٢٠٠٦ مج القسم الخامس - المجلد العاشر ص ٩٩)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 337. PDF pages: 337.

Kuwait law articles mentioned in this principle

Ask the assistant about this principle

Guidance based on the principle and its source details, separate from the original collection text.

Related principles

Continue your case in the legal workspace

Open legal workspace