Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is our basis of payment of the monthly installments through dollar rate?

April 26, 2017basis dollar installments payment rate

0

Posted

What is our basis of payment of the monthly installments through dollar rate?

1 Answer

0

Posted

Our basis of payments of the monthly installments through dollar rate shall be the value of the Philippine Peso at the time of the execution of this agreement, as provided for under Articles 1250 of the New Civil Code.