The Letter of Credit is independent from the contract of sale. Failure of the buyer to open the Letter of Credit does not prevent the birth of the Sales Contract. (Reliance Commodities, Inc. v. Daewoo Industrial Co. Ltd., G.R. No. 100831, Dec. 17, 1993) The opening of the Letter of Credit is only a mode of payment. The LC is not an essential requisite to the contract of sale.
Musikatorni is a musical project by Atty. Ranny Randolf B. Libayan, known for its original song compositions that blend insightful lyrics with captivating melodies. The project features a variety of songs, including "Halang Ang Hinahalal," "Ayuda Nation," and "Pamily Bisnis Ang Political Dynasty," which address social and political issues with a unique musical twist.
Musikatorni's music is characterized by its thought-provoking themes and powerful delivery, making it a standout in the music scene. The project has gained a following for its ability to connect with listeners through its meaningful content and engaging sound.
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