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Ancient History, Greek and Roman through Late Antiquity Commons

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Comparative and Foreign Law

2006

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The Buyer Who Wants To Pay More, Ernest Metzger Jan 2006

The Buyer Who Wants To Pay More, Ernest Metzger

Ernest Metzger

In Roman law, a valid contract of sale required the parties to agree on a certain price. Some modern works nevertheless accept that the law ignored a certain species of error: the buyer is willing to pay more than the seller expects to receive, and a valid contract of sale is formed on the lower price. This supposed exception is based, not any text on sale, but on a single text on contracts of hire, Digest 19.2.52. This text suggests that, in some cases, a contract of hire might arise where the tenant believes he is paying a higher rent …