Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

On July 15, 2012, Carlo purchase a car amounting to 1 million pesos from DnD Motors Company. Carlo made a down payment of P500,000.00 and

On July 15, 2012, Carlo purchase a car amounting to 1 million pesos from DnD Motors Company. Carlo made a down payment of P500,000.00 and the said car was delivered on July 20, 2012. However on July 22, 2012 the car was destroyed by fire. Is Carlo obliged to pay the remaining P500,000.00 to DnD Motors? Why?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Law Of Healthcare Administration

Authors: Stuart Showalter

9th Edition

1640551301, 978-1640551305

More Books

Students also viewed these Law questions