State Act
1545
Section 1545. Distinction between purchase and exchange
Act no. none printed (index gives 0)1867In forceGoa (State Act)
Article 1545 – Distinction between purchase and exchange - If the price of the thing consists part in money, and part in kind, the contract shall be of sale, when the portion in money is greater of the two; and it shall be exchange or barter, if the part in money is of smaller value. § Sole paragraph - When the values of the two parts are equal, it will be presumed that the contract is of sale.