Can RT demand from JP the fulfillment of his obligation to act as courier in his plants live selling business? Explain
Can RT demand from JP the fulfillment of his obligation to act as courier in his plants live selling business? Explain
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
JP received an amount of
P100,000.00 from RT, payable on or
before November 15, 2021. It is
stipulated in their contract that in
case no payment is received on
November 15, 2021, JP will act as
the courier of plants in the live
selling business of RT until his loan
is paid. However, despite demand
from RT when the obilgation
becomes due, JP refused & still
refuses to act as courier in the
plants live selling business of RT.
Can RT demand from JP the
fulfillment of his obligation to act as
courier in his plants live selling
business? Explain
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