Obligations and Contracts Final Exam April 17, 2018
Obligations and Contracts Final Exam April 17, 2018
Obligations and Contracts Final Exam April 17, 2018
Final Exam
April 17, 2018
PART 1
PART 2
2. After the DPWH had awarded on July 22, 1997 the contract for the
improvement of the Sadsadan-Maba-ay Section of the Mountain
Province-Benguet Road to Gonzalo Construction, petitioner Gonzalo
subcontracted to respondent Tarnate on October 15, 1997, the supply
of materials and labor for the project under the latter’s business
known as JNT Aggregates. Their agreement stipulated, among
others, that Tarnate would pay to Gonzalo eight percent and four
percent of the contract price, respectively, upon Tarnate’s first and
second billing in the project.