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S sold to B a tractor payable at P50,000 upon delivery and the balance of P70,000 within 60 days. B failed to take the delivery

S sold to B a tractor payable at P50,000 upon delivery and the balance of

P70,000 within 60 days. B failed to take the delivery of the tractor and

pay the

purchase price. S was forced to sell the same to a third (3

rd

) person for only

P100,000.

I

s B liable to S for the difference of P20,000? Why?

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