Question
A sold a parcel of land to B for Php20,000.00. In the deed of sale, there is a stipulation that the purchase price shall be
A sold a parcel of land to B for Php20,000.00. In the deed of sale, there is a stipulation that the purchase price shall be paid on a certain date and that in case of failure to pay on such date, A can rescind the contract. Suppose that B fails to pay on the date stipulated in the contract, should A go to court and ask for the rescission of the sale?
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
