Louisiana Civil Code 2485 – Buyer’s rights upon default, damages
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Louisiana Civil Code 2485
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
When the seller fails to deliver or to make timely delivery of the thing sold, the buyer may demand specific performance of the obligation of the seller to deliver, or may seek dissolution of the sale.
In either case, and also when the seller has made a late delivery, the buyer may seek damages.
Acts 1993, No. 841, §1, eff. Jan. 1, 1995.