MCQOPTIONS
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| 1. |
The following rules are correct in case the buyer of a subdivision lot fails to pay the installments, except: |
| A. | He is given a grace period of 20 days for every year of payment; |
| B. | He is entitled to 50% reimbursement of payment; |
| C. | There may be cancellation of the contract 30 days after receipt of notice of cancellation; |
| D. | All payments are forfeited. |
| Answer» E. | |