【正文】 ation is delivery of immovable property, performance shall be at the place where the immovable property is located。 for any other subject matter, performance shall be at the place where the obligor is located。(iv) If the time of performance was not clearly prescribed, the obligor may perform, and the obligee may require performance, at any time, provided that the other party shall be given the time required for preparation。(v) If the method of performance was not clearly prescribed, performance shall be rendered in a manner whi is conducive to realizing the purpose of the contract。(vi) If the party responsible for the expenses of performance was not clearly prescribed, the obligor shall bear the expenses.Article 63 Performance at Government Mandated PriceWhere a contract is to be implemented at a price mandated by the government or based on government issued pricing guidelines, if the government adjusts the price during the prescribed period of delivery, the contract price shall be the price at the time of delivery. Where a party delays in delivering the subject matter, the original price applies if the price has increased, and the new price applies if the price has decreased. Where a party delays in taking delivery or making payment, the new price applies if the price has increased, and the original price applies if the price has decreased.Article Performance toward a Third PersonWhere the parties prescribed that the obligor render performance to a third person, if the obligor fails to render its performance to the third person, or rendered nonconforming performance, it shall be liable to the obligee for brea of contract.Article 65 Performance by a Third PersonWhere the parties prescribed that a third person render performance to the obligee, if the third person fails to perform or rendered nonconforming performance, the obligor shall be liable to the obligee for brea of contract.Article 66 Simultaneous PerformanceWhere the parties owe performance toward ea other and there is no order of performance, the parties shall perform simultaneously. Prior to performance by the other party, one party is entitled to reject its requirement for performance. If the other party rendered nonconforming performance, one party is entitled to reject its corresponding requirement for performance.Article 67 Consecutive PerformanceWhere the parties owe performance toward ea other and there is an order of performance, prior to performance by the party required to perform first, the party who is to perform subsequently is entitled to reject its requirement for performance. If the party required to perform first rendered nonconforming performance, the party who is to perform subsequently is entitled to reject its corresponding requirement for performance.Article 68 Right to Suspend PerformanceThe party required to perform first may suspend its performance if it has conclusive evidence establishing that the other party is in any of the following circumstances:(i) Its business has seriously deteriorated。(ii) It has engaged in transfer of assets or withdrawal of funds for the purpose of evading debts。(iii) It has lost its business creditworthiness。(iv) It is in any other circumstance whi will or may cause it to lose its ability to perform. Where a party suspends performance without conclusive evidence, it shall be liable for brea of contract.Article 69 Notification on Suspension of Performance。 TerminationIf a party suspends its performance in accordance with Article 68 hereof, it shall timely notify the other party.If the other party provides appropriate assurance for its performance, the party shall resume performance. After performance was suspended, if the other party fails to regain its ability to perform and fails to provide appropriate assurance within a reasonable time, the suspending party may terminate the contract.Article 70 Difficulty in Rendering Performance Due to binationWhere after effecting bination, division, or ange of domicile, the obligee failed to notify the obligor, thereby making it difficult to render performance, the obligor may suspend its performance or place the subject matter in escrow.Article 71 Right to Reject Early Performance。 ExceptionThe obligee may reject the obligor39。s early performance, except where su early performance does not harm the obligee39。s interests.Any additional expense incurred by the obligee due to the obligor39。s early performance shall be borne by the obligor.Article 72 Right to Reject Partial Performance。 ExceptionAn obligee may reject the obligor39。s partial performance, except where su partial performance does not harm the obligee39。s interests.Any additional expense incurred by the obligee due to the obligor39。s partial performance shall be borne by the obligor.Article 73 Subrogation。 LimitationWhere the obligor delayed in exercising its creditor39。s right against a third person that was due, thereby harming the obligee, the obligee may petition the People39。s Court for subrogation, except where su creditor39。s right is exclusively personal to the obligor. The scope of subrogation is limited to the extent of the obligee39。s right to performance. The necessary expenses for subrogation by the obligee shall be borne by the obligor.Article 74 Obligee39。s Right to Cancel Manifestly Unreasonable Act by ObligorWhere the obligor waived its creditor39。s right against a third person that was due or assigned its property without reward, thereby harming the obligee, the obligee may petition the People39。s Court for cancellation of the obligor39。s act. Where the obligor assigned its property at a low price whi is manifestly unreasonable, thereby harming the obligee, and the assignee was aware of the situation, the obligee may also petition the People39。s Court for cancellation of the obligor39。s act.The scope of cancellation right is limited to the extent of the obligee39。s right to performance. The