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This document summarizes a court case between Paz P. Arrieta and the National Rice and Corn Corporation regarding a breach of contract. The key details are: 1) Arrieta won a public bid to supply 20,000 metric tons of Burmese rice to NARIC at $203 per metric ton. NARIC was required to immediately pay via an irrevocable letter of credit but delayed opening the letter of credit. 2) Due to the delay, Arrieta

Author

Iyle

Language

EN