This case has been cited 2 times or more.
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2004-02-05 |
PANGANIBAN, J. |
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| In the interpretation of a contract, the literal meaning of its stipulations controls, if their terms are clear and leave no doubt as to the intention of the contracting parties.[73] When "there is no ambiguity in the language of a contract, there is no room for construction,[74] only compliance."[75] This rule applies to the Instruction to Bidders, which provides that "failure to execute the Contract shall constitute a breach of agreement as effected by acceptance of the proposal."[76] The language is clear and, like contracts in general, is the law between the parties.[77] The contract must be fulfilled according to its literal sense.[78] | |||||