P.R. Laws tit. 10, § 1719

2019-02-20 00:00:00+00

§ 1719. Application of amounts paid as guaranty

The amounts which, by way of guaranty are delivered in commercial sales shall always be considered as paid on account of the price and as a proof of the ratification of the contract, unless there is an agreement to the contrary.

History —Commerce Code, 1932, § 261.