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What is Limketkai Sons Contract Dispute Analysis about?

There was a perfected contract of sale between Limketkai Sons Milling and BPI for a piece of land at P1,000 per square meter when both parties agreed to the terms of the sale. While Limketkai requested payment in installments, which was denied, the agreement was still valid as payment in cash was stipulated if installment terms were rejected. The phases of contract formation - preparation, perfection, and consummation - were discussed in finding a contract was formed between the parties.

Author

Kazumi Shiori

Language

EN