Professional Documents
Culture Documents
1165 - 1178
Gaisano Cagayan, Inc. vs Insurance Company of North America, G.R. NO. 147839,
June 8, 2006
Gen. Rule: Demand is Necessary for legal effects of delay or default to arise
o Compania General v. Araza, 7 Phil. 455
o Bayla v. Silang Traffic Co., 73 Phil. 455
o Manalac v. Garcia, 76 Phil. 216
Mora Solvendi
Mora Accipiendi
Compensatio Morae
1
o Meralco vs. Ramoy, G.R. NO. 158911, March 4, 2008
o Nakpil & Sons v. CA, G.R. NO. L-47851 April 15, 1988
o Asset Privatization Trust vs. T.J. Enterprise G.R. No. 167195 May 8, 2009
(Note also how the Supreme Court ruled on the controversy or issue - of creditor
imposing exorbitant interests where debtors/parties agreed thereto in a contract, and
how this affects the application of the laws on Art. 1305 – mutuality of contracts, and Art.
1315 – obligatory force of contracts.)