Question
Aang gave Katara a receipt which states: Received from Katara as downpayment for my 2020 Toyota Fortuner with plate number ABC123 the amount of P100,000.00.
Aang gave Katara a receipt which states:
"Received from Katara as downpayment for my 2020 Toyota Fortuner with plate number ABC123 the amount of P100,000.00.
Balance payable: December 31, 2022: P800,000.00.
June 1, 2022
(Sgd.) Aang"
Does this receipt evidence a contract to sell? Why or why not?
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Introduction to Business Law
Authors: Jeffrey F. Beatty, Susan S. Samuelson
5th edition
128586039X, 978-1305445840, 1305445848, 978-1285860398
