Definition of HANDSALE


HANDSALE

contracts. Anciently, among all the northern nations, shaking
of hands was held necessary to bind a bargain; a custom still retained in
verbal contracts; a sale thus made was called handsale, venditio per mutuam
manum complexionem. In process of time the same word was used to signify
the price or earnest which was given immediately after the shaking of
hands, or instead thereof. In some parts of the country it is usual to
speak of hand money as the part of the consideration paid or to be paid at
the execution of a contract of sale. 2 Bl. Com. 448. Heineccius, de Antique
Jure Germanico, lib. 2, 335; Toull. Dr. Civ. Fr. liv. 3, t. 3, c. 2, n.
33.



Source: Bouviers Law Dictionary 1856 Edition

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