The firm sale is after German right a special form of a sales contract, with which the supply of the commodity must take place within an exactly determined period or to a fixed date. If the salesman does not furnish the achievement within the set period, then the buyer, if a commercial transaction is present, is entitled after "§ 376 HGB alternatively to the resignation from the sales contract or to the payment of damages. Fulfilment can require the buyer with the commercial transaction for expiration only if it shows to the opponent immediately after expiration that it insists on fulfilment. If no commercial transaction is present, 275 BGB (impossibility) find and with the relative firm bargain "§ 323 II No. 2 BGB (resignation) application with the absolute firm bargain "§.

See also: Firm bargain

Articles in category "Firm sale"

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• BBC NEWS | Asia-Pacific | Thai PM defends mobile firm sale
  Thai PM Thaksin Shinawatra's family comes under fire over the sale of shares in a mobile phone company.


• BBC NEWS | Business | Ukraine to annul steel firm sale
  Ukraine will reverse the controversial sale of state-owned steel mill Kryvorizhstal so that the firm can go back on the market at a higher price.


• BBC NEWS | Business | Ukraine to annul steel firm sale
  Ukraine will reverse the controversial sale of state-owned steel mill Kryvorizhstal so that the firm can go back on the market at a higher price.


• BBC NEWS | World | Asia-Pacific | Thai PM defends mobile firm sale
  Thai PM Thaksin Shinawatra's family comes under fire over the sale of shares in a mobile phone company.