Question
Problem Statements: A. Jose, owner of Mang Joe Inasal, orders 1,000 pcs. of premium dressed chicken from Jojoy Food Corp. to be delivered five days
Problem Statements:
A. Jose, owner of Mang Joe Inasal, orders 1,000 pcs. of premium dressed chicken from Jojoy Food Corp. to be delivered five days after the execution of the purchase contract. Jose undertakes to pay 50% of the total contract price of PhP50,000 exclusive of VAT immediately upon contract signing, and pay the remaining 50% upon complete delivery of the orders by Jojoy Food Corp.
B. Jose remits the withheld VAT to the Bureau of Internal Revenue.
C. Jojoy Food Corp. hires the services of Jomez, Vurgos, and Namora to extend the production area to process dressed chickens. Said construction must be finished within 3 months. Jojoy Food Corp. pays the three workers the sum of PhP70,000 after completion of the services.
D. Jojoy Food Corp enters into an exclusive dealership agreement with Aling Kikay Convenience. The agreement prohibits Aling Kikay to promote, sell or distribute any dressed chickenthat are not produced by Jojoy Food Corp.
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