CASE STUDY 1.BUSINESS PARTNERSHIP

Asia Pacific Sugar and Sweets Manufacturing Company ordered molasses from Philippine-Hawaiian Interantional Sugarcane Incorporated on November 5, 2000. When the time for payment came , Asia Pacific Sugar and Sweets Manufacturing Company was not ready to pay due to tight financial crisis it was experiencing. Mr. ALBERT ALANO, the manager of the said company is a friend ofMr. JOSE ALBERTO, the owner of the Philippines-hawaiian International Sugarcane Incorporated. He talked with Mr.ALBERTO and asked him if it is all right for the payment to be delayed for friendship sake, Mr. ALBERTO agreed. It was only 20 days afterwards that the buyer offered to pay. The seller accepted the overdue accsount and started delivering the molasses. Upon receiving the second shipment, the production manager of Asia Pacific Sugarand Sweet Manufacturing Company reported to Mr. ALANO that the molasses that the molasses did not meet the indicated quality in the invoice. Mr. ALANO ordered the molasses to be returned. Enclosed in the invoice was a memorandum citing the reasons why it was returned. This action enraged Mr. ALBERTO Immediately, he cancelled the contract and argued that the delay payment was a form of "breach of contract."

PROBLEM: ( atleast 3)

CASE FACTS: ( atleast 3)

ALTERNATIVE COURSES OF ACTION: ( atleast 3)

RECCOMENDATION:

CONCLUSION: