No, Date Ttnnshitld Phittppines vt [urom kydto Flectric corps SR BNO- gg T eg 51 iveene even naipieyhyy of: yebny peniinpil: Tingh#hites ona to qroqruy ans to Minis owt mi ty haeiniyd ef upay dbase FACIE! Lranctisid Phivppines cridngtield } entered into a turn = Key Contvact witha Auzon kydeo Corp: (140). under the tonteack tvanctieid were 10 conskyuct a hydrd= alectric plants in Benguel ond toot réancherd was given ne sole vesponsioi> lity for snedecign conswucwon tommiscioning yecting, and completion | Joo tne psdjeck tne tontract proyides toro period far wnich tne project snot tne txtension if oosedion juititiowie grounds sven os fortultous Avent -\noxder to guarantee pertormonc® oy transtéid two Stand-by ee ae nee oe Aare eres aia plant rransted requeited for ertension of sige citing typnonn uae) ee ime airencion oP ame pevind peayed tor put veteyred tne water tp | lnvHitvotion wmmitee Gecquse of tae deiay in Hae constvuction of the plant, | LAC coed am ihe stand-in letterr Of credit wecause of default. toweyer, tne | ee es een ar eet cee ce Jorbitvation on thei quest toy 2ytony of fi Sues where a lptnding ovlgitvation tose. B lurio: tronstieid'f ovquyatmt that ony ticpute saust fest we resolved by the pasties unoiner tneough negotigridne oy orwil cation, beinvt the beneficiary is entitied lio cou on the teitty of credit in aifence would wuutrt the tetey of credit cato_| Jo merge guarantee (ne independent nniuve th ye lelity of extail may ne: (0) independence in| toto wintve the evedit is independent trom ine jurtifiedtion aspect and ita — Spgvaie obligation try Me _vndeviying Agreement live gov jnayance 9 typical fondly, 9x WuLindepence wad) Ye only. at to ine jurtisication aspect like ing 4No, Date commercial leer of ertediti o/ repayment sandy. witica is ideatical ssih, he_sdint_glo ligation’ undey_the vind trtying ogrtement (a voi cayes tie | Vdgreent_moy ye Rnjoined if in ine tight of qe purpose ot que credit | he payment ofthe _tvedit would omstibte fraudulent aise. of she credit |Date Colimayes vi ca amen wd AO X2R a = uavide 10,04 a FACTS fetitionecs weve towtyacted ny Carmelite sistect tov tne coastuction of Angiconuent They ootained materials tyovn CM Builders and oveained o tect t Vine tvow Ph Banking Corp toy the payinent me rader approved. the gatitio= ers O10 signed _o protormna tuyt yoceigt as cecuvity getitioners tailed to — Poy moe loan despite demands from PBC through a _comelaint tied ny Bc, potitioney: weve prnsequred toy vinlation of tye trust receipts law, in velation| ko_ostofa. @T¢ ond th held them guilty: sc ceversed saying tat POC and got | |tionevs mevely intended to 2nttr into o Wutvad of inan and wot o trust | receipt. |MAVE: Wneinec py vot the coutwact (fa tom ov o twst receipt. __| |ueio: rine tomivoets it 9 190 wot o fms ceceiph A todst seceipt tvantoction | fis_ong tuansoction oy ond uttweein a pesto steed to of the entrusterand fooiney perio m setexved to os the enburter wheveny ine enturied who | lowns oy olds obsolute tihe ox stovvity imbevest Ovtr certain spacitied [goods dase ents or iviityrmects, eleoses ¥ac Spe se aie poitessin of | the eabaisite vpn the Lottery execution ang deli vevy t0 ine ent pster ola signed document called 9 trust veceipt? werein the entwuc tte winds fninovert to Wold the designaitd goods, documents or inctmyenenis with te ouligation 10 tusn over 49 ihe entvyttey tne proreeds ineyeat 40 tne lextent of ane ayn owing 42 te snivsiey ov at oppeart yn tne trust — oveipt o¢ tee goods dowments, oy instuments them soles if they ore lunsold gr noi othevwise disposed of, in ocovdance witia the terme and ‘Conditions specified in the trust eceipt setEPR yt Geiuso 2 GR No. 1644\2_ Coco = Noraria, T FACS: on poril i947, spouses Gthuco constituted other than promissory notes] (Ol estate mort gage over _paycels of land: there of their promissory notes were] fenewed several times Ciosequentiy, spouces failed 10 detiveypaynent upon yCeG's demand. Ara sesulk, yoiv mortgage wor forecinied: spovses filed | PeHHOM toy _hamulmem Accounting gud Vamages agai uteg. triaLeourt sled in fount_of the cpnuies ca ottinmed the samedecition —__ v a ius and erg is valid: MELO: No. acicle tog pt ine civil code provides: — Art. 1308. tne comtcort mvs" bind pot eomtvacting parties its validity ov | Oupplance conmat of ett to the wil) of ome of fem. the provifion siaiimg that te inter ¢Jt shall _be of tne “vate incheative | of Dby. cetoil rote oro determined py the branch tead” is inde pendent te Bithey of these chdices presenti on oppartynity for ucPe to fix the will, the bunk com onsily choaye such an option ,inus meking te entire Justewst vote govisiom viplate of Yue _principle of mutuality of contac]Date MBGBIRE UEC CA Tete tows wore sis yA vey l Ve ieelawwt It 8 Gh _No- 110780 a, (UMgUBAGN toy soe wen es yer Genet ay POsbals oy FACTS. Private reipondeit wal tu qustralian busivescmday-philan tive pict wino_sroyed ino suites owned by “the Petitioner. the private Respondent Yented_a_cOfety deposit wok pin tne cad Suite. im Renting the oom he wos — Dtued to sign 1 wove, vngevtaeing for tne vse of faery Deposit Box" — sunic evonevating toe tobe Management qud Fropioyees tyowa_Liobility Antje of \0s$ of fie idem in tne ant the companina of the rtfpondevt Ton:wiatlt the later wins cise ping kh Hae a ance ct tne staff af 4oe Hotel, wat quowed {0 open the deporitary aot of Respondent. whein {ine fespoudent ppewed ine yor,ne Notice im tine ner nf oxcodan thot the See a omenaree eee eet ay deco ce a apg eee a o wao_ogened ie yo ASSyE ni ney i e the stolen prtperty of tne rivare Respondent? Feeney enn ste Was Weposit Box" executed private respondent tu_ewnevatt ine Wotel prom Violility is mun — Wenge) a se St ia ls sets = ae i The eideviie reveals twat two meys ave sequired to opt ihe safety deposit dies of Tropicana One vey ic onigned to tne guest while the Omer revnains in tne possesion of tne management Mine guert desires to open nil Jatety deposit oor, ne rast request management fa_tne oiney vey 10 open M0 10me. tnorney_wards.tne guest alone tomnot a4 4 fety deposit os without tne acsistanpe of yoNo. Dee lor its smmployees: Undev Avitcre 110 of 10 dlewy Civil Podetnas in tne parformone of tnevy obligations ove guilty of wegligenve o? riopitanas employees im allowing jon 10 geen tae safety deposit | jo0k withdut Hat guests compe wit wrth the aisisting evapioyeer and YITY Realty: Orpdrarion itselt a1 owner and operAtor of Trapicana, sh Welds couidariig. welepursvant po qypiste 21d bought Wy M2 guestdny sti pid How wehweea the wot ond ae gvest we rey ta ponsibility of vine Povmney 0 paki Ges: NAY en “Apmit Suppresved oy diminished shallee voidUnited Any vs. cpa ra os is GR No preagg ) be ety teen big pay Sah ee Peralta, J. FACS: on Devernoec 121 2000 jnerein petitioner coyporation yaited Alloy Poilipgines txrperation (uMiAtioy) applied tor ond was gyanted ocedit, AcwWmvnodOtion oy _Wtrein ceipondent United Coconut Planters Ranktucedl (n_tne Gmovat of PnP £0,000,np)-00 , a4 evidenced by o cveclit agreement] Six (c) peornissocy Water, wince lott, exetuted by uniatioy in vcr favor tn_addition, 94 port of in ideration tov _yne cuedit accommodation vevern Hae {9 o dime lottey that tp ill thase several | cool properties winicl VCR co-owns wil the fevelop ment gank of the} Philippines. UM auoy foiled to poy its loan oigliga tons. Asa vecult,UCeo | J:ied qgainct Wiitlioy ine cpouces tna Yang andvan ber SMS an action | Ikeim: The court yules if tne affirmayive. is ruled upon by poth tne TC onc) ne 0 MIAO faced vo poy its ouligahons undes tot Meove promissory | notes ond thot nevein pe tiiontc cpovsel thun yragetner ie comdeten: | doantt van Der Cwis and Yong freely ereuted 9 surety Agreement winertioy— jointly and sfuecoiy witle yrauay jbo pay ine aitey's jog obligatio Jit ucPg Petitioners donot deny t doibity Junder the above quoted Surety Agreement ot _o0sed on the pertinewt partion f_the surety og yeemernt orre tty neld_by oth _tine_ATC_ond tine CA, de_erpeccly peovides that “obligations Arising — tron cmtvacts have the force of jaw between 4 tvacting povtie gud _shovidl be Woplitd with ia good faith" The Court motes, howeues 4No, Date uot tne interest rates imposed on tae suuject pyowissory aobes uierei nade subject to yeview avd adjustment at tae sole discretan and | Junster tno @$ cv: wih of veeeWemeerg * yr vPeteofpinil poh be eee pe reshyoq GR No. 1 = 49340" i “ isin wa Es ba L is Sis: FACTS: On pecemnerc, ined .a Lease Agreement" wos entered intotoy tae plaivis Hitt -gppellant and F660 s1and dvd faster. Jac, Goubctituted by the Petvopnil covpncaiinn) foy twenty 20) Jeari wilh a tonditign that rodntnty tentals should be (nid god {ners should ye advance payment of rentals for the tirst eight | y20rt Of tne said combract Pursuant to the said sontyact defendant qppellee | |dechucted omownt to owly P42, 824-09. 90 Orin yer Wiiar the plointiti = appellant ljuet the det?n dant - appellee. for the surnof POA ,x28 02, siti intevest, claiming |unis hod ween iegally deducted trom bien in violation of the Veury Law. toe | defendant -apgelice orqued that the amount dedycted wat not usurious | Jintecert lovt @ given to it tor paying the rentals in advance toy eight years} SAVE; wWintiner of pot the defendant appellee yinlnted the usuay lau: AMUN, Taeee O usvsy in emis caso becouse wr money wot given oy tne | liutiendowt -nppeee go vine ylgin Litt -appetant nor did tt glow hina to use its | Jooney olvtady in Wit potsestion. tere was neither Ivan mor forbearance | lout a mere discount which the planhit -appeyomt giiowed the defendant oppeiige to deduct \ He _tntal _paysntnts because they were oring |made in pduance for -tignt years. [To tonstijube yrury “theve raust be loan or tor beavancei tne loan yavet -of_ononty ov sountthing cicwlatting os money; it taull ve te.payable quio=_ |wrely gng inal sucnts; ond SOmeting mutt ve exacted forthe use ot the “money in tices of gwd in addition to interest aiowed toy tow. tae ele- ments of uivey Ore Ui) a loan, trpvess ov iaplied (on undenttgnding betweenNe Date Wwe gorkies iat the money Lect stall ‘ot_moy_be returned ; tat forsuc Noon ao greater cate or interest “that is allowed oy low shall be paid, oy |No, je al Date: Fedevar guilders inc. ys round ation Spocigusts EEG 2) in ey ee Sy eee Pevalto FACTS: In 1940, te deval Builders, Inc. entered into onogver ment with — Founclation Spec Olists inc. whereby tne Later os culo cpnbractaryundevtook Hoe tomsinection of the diapw/Agra walls capping beams ond guide walls | of Ye trototgar Plaza a} Salcedo village;Maxati City. On August 30,1901 FS\_onode iit claims ngdinct O51 Hovoygn a Iter demanding payment | [for its sevvires Wyk to wa quail FSi then tijed o complaint tay jum of ynones Rurther interposed towsterclains for amount it spent tov the pomedial | on the Mile ged defects in €Sl+¢ yee JSSut peed Jnetner of opt FSI jn in Ceidy tubithing TY to damage) __} J wneiner Or not ne jengasition of the Welo legal interest ate oy way of ages due to deiny. a { No. the delay was in toc olf yilout alle fo p61 brn the time an exbyajudicial [demand was yiade by FS1 on August 20.114. Fs1 had finithed te construction o the. guide _uuall and dingo ginwuall out hod nok yet tonstuucte cl te Capping bear tox FLL failuce bn delivey the needed cinent despite the demand of ps1 __ 2 o..as geovided in the landmark case_of Eastern Shipping Linestncw CourtoP Appeals, |yhen on abligution »not cnstiviing 9 Joan of forteaance of money,isbeeamed, 4areeeneaeeeeeieneneeneienndaenemaeeenetenennmmennenemeennenel No. Date on interest on the mount of damages awarded yay be imposed at the | disCretion ot Woe court at the vate of Gl pev_amnumn: