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1. S sold to B a tractor payable at P50,000 upon delivery and the balance of P70,000 within 60 days. B failed to take the

1. S sold to B a tractor payable at P50,000 upon delivery and the balance of P70,000 within 60 days. B failed to take the delivery of the tractor and pay the purchase price. S was forced to sell the same to a third (3rd) person for only P100,000. Is B liable to S for the difference of P20,000? Why?

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