Determine place of performance

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Determine place of performance in the following cases according to Ethiopian Civil Code by using IRAC method Case 4(see G. Krzeczunowicz,1983,p.104) Yirgashewa bought property insurance against fire for his villa found in Debrebirhan town (about 130 km north of Addis Ababa) from Ethiopian Insurance Company. Such insurance contract was concluded in Addis Ababa on April 12, 2008. The guaranteed amount was birr 350,000 and the premium was birr 250. The contract was to enter into effect starting from the date of payment of the premium and remain effective until April 12, 2009. Yirgashewa agreed to pay premium on April 25, 2008. The contract, however, does not mention place of payment of the premium. Yirgashewa has been domiciled in Debrebirhan since 2005 and he has had no residence in Addis. Ethiopian Insurance Company has had no branch in Debrebirhan. When Yirgashewa called the manager of Ethiopian Insurance Company to receive payment of the premium in Debrebirhan the manager warned him to make payment in Addis. Yirgashewa refused to pay in Addis and the manager wrote two consecutive letters to his address on April 30 and June 2, 2008, the last one suspending the insurance contract. Although Yirgashewa received both letters he.

Reference no: EM133810956

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