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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?

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