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What is Prime White Cement Contract Dispute about?

This document summarizes a case between Prime White Cement Corporation (PWCC) and Alejandro Te regarding a cement supply contract. The contract between PWCC board members Falcon and Trazo and Te to be the sole cement dealer in Mindanao for 6 years at $9.70 per bag was found to be unreasonable and voidable by PWCC. As a PWCC director, Te failed in his duty to protect the corporation

Author

Negou Xian Te

Language

EN