Proposition 8
Tag 0462, permanent. Cite it as [Bourbaki, Tag 0462].
Commutative Algebra, chapter II, § 2. Rings and modules of fractions
Let A be a ring and S, T two multiplicative subsets of A such that . The following properties are equivalent:
(a) The homomorphism is bijective. (b) For every A-module M, the homomorphism is bijective. (c) For all , there exists such that (in other words, every element of T divides an element of S). (d) Every prime ideal which meets T meets S.
It has been seen above that , which immediately proves the equivalence of (a) and (b). Set ; then (Proposition 7) is identified with and (a) is equivalent to saying that the elements of are invertible in (no. 1, Remark 5). Now, to say that (, ) means that there exists such that , which shows the equivalence of (a) and (c). We show that (d) implies (c). Let be an element of T and suppose that is not invertible in ; then there exists a maximal ideal of containing (Algebra, Chapter I, § 8, no. 7, Theorem 2) and is a prime ideal of A containing and not meeting S (since the image under of an element of S is invertible). Conversely, if there exists a prime ideal which meets T without meeting S, then no element of can divide an element of S; this proves that (c) implies (d) and completes the proof.
It follows from Proposition 8 that, amongst the multiplicative subsets T of A containing S and satisfying the equivalent conditions of Proposition 8, there exists a greatest, consisting of all the elements of A which divide an element of S (cf. Exercise 1).
Bourbaki puts the proof directly after the statement, so what is above is the statement and its proof together.