Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A 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
A 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. A was forced to sell the same to a third (3rd) person for only P100,000.
Is B liable to A for the difference of P20,000? Why?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
