Question
Mr. Buyer bought a house and lot with ABC DEvt. Corp. He has paid an amount of P2M already for a period of seven years.
Mr. Buyer bought a house and lot with ABC DEvt. Corp. He has paid an amount of P2M already for a period of seven years. He however defaulted in payment as he migrated to the US. He now went to ABC Corp to surrender his rights over the property and to get the cash surrender value.
Compute for the cash surrender value of Mr. Buyer applying the Maceda Law.
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
