The sale becomes legally perfect with the dispatch of the order acknowledgement, the customer accepting that the transfer of ownership of the goods is suspended until full payment of the price.
This clause is stipulated as an essential condition of sale, without which the sale would not take place. The transfer of risks (losses, damages) takes place upon delivery.
In the absence of payment of a single instalment, the seller may demand the return of the goods delivered. This claim may be made by registered letter or by legal proceedings.
The buyer may not evade or refuse to return the said goods to the seller or any other person mandated by him.
In case this clause is triggered, the amounts already paid are forfeited to the seller by way of damages and interest.
In case of bankruptcy the buyer must immediately notify the seller so that the seller can claim the goods under the CIRE.