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Any lorttt d rrytducfui ttdlllrltt Up vurrfu, crnlrrrlil of theauthor ls ptdrlUbd aN ls a vloladon ol Uic lntaller,fird@&. . U Jum20l22@0, 2010 and 20ll CASES ON COf,fERCtAL LAYVBy J*tuD.Jltrslra

}{BEOTUBLE ITI3TRI.ilET'TS LAIYA. O.[y.]y1. A dirE bar* lrtticfi paH cfiecks wtricfi mro po+bncd ln blankby th coDorab offcoIs r.rho vyEre leaving ,or ab]oad, wirldr wara stolen, ittwhich the namc d the payte and t io amoud pa)bb Were wrltbn ln the wrongplacas, ard in wii'n*r lhe ainount ulas wrilen twice, b gutry d rrious negligenceand ahould .hale fio bcs {,ih lho dramr on a dlf,.4(}t6 bab. (8mt,ofAnrrfcr, fil t SA v. Wn m*V CltU g SCRA U)2. Thc &nF. ol a mcmoraldum .fied( who rtrnptilotrlry took lthorn tho palrc b ['tro.n h6 gavo it ir rtot lffi ft. tdt bcoerro h6 dH notbanrfer 0re tuc to thc paFe. (S.r, ft&i,., cat,Etfu u Mq C31 SCRA4) 3. A benk whlcfi dronqlsly crdibd knnrertlably tre dfirer accountof its depocitor wi0r ihe proceeds of a postdated drd( he dcpoelbd and then asa result dishonocd fte cficb whlch thc dposntr baned b labb br damageato iE ilepoolior. (fitfffi "Cl tuilt vc, Tarr, CA SCil 1fr)

B. Acconrmodedon Perty1. An accormrodatloo makef who signed a prunbmry note in favor ofa b.nk whlcfi girnbd a loln to ttc .ecommod$d part a b Lbb lbr p.ym6nt.(Gonrlrr/cl w Wr Conullrrc&l tntl htfrlrr irrrl., Erirt$ U SCRA I u)

C.Cor5rn0oo1. lt b glurDd thd a prcrnbsry nda w baFd br " wfr"tbcomHerdon. {Sm erilpdr, irc. u Cttpldao AilV Corylondrrt, gOSCRA,ljl0o. ilcgod.0on

. 1. lf a c,nct b payablo to turo payBor and only one cf thcnr indorsed,tho erdono.nant b tnafiofiad. (lfrtroirnfitu, 8rrlri.ad 7lut Cornptny,Itrc. u BA FhE,ta co,,p,t,dp{,p, ab7 SchA aqE tloldorr.tr Do Cogr:e1. A parly b x,hom . crosscd dr"da r* ordottad b not a holder hdue counc I he dld not hquho lnb the tlue d the endormr an

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4ty font d reproducflm wrilroutu|6 txtilg,, cq,'r,tt UApauUN b ptohlblted aN ls a f,olaflon ot un lnbleotl/E,tCoda 2f . A d.atl,eo bqnk tyhhh paid I dFct ufiicfi hed b6n itokt rd wsignd by tlo pe.on ero!.rfhe it lbr pryn*f .urih a 6cdlhl. rurr b ldc turlhe rDsbdion d ltr ll,tout to thc .aco(,i o, thr d.Er, Uf lb bbfy.io.adbe trdro.d f fie &nitr ild ,io( notly ! trsrp0y ol trc t6t" (Crff-lrr* dt r Prrffita v. ffitA **Ug @rprtu, 6tt *RA' rOZ A &ailo bnk wftidt lEnd ctr.cl uiriclr *sro l8ar.d {,itr tFnotation thd try rvere payabh onty to tho accourn d ho peyee ad lhey reredepodted in lhe account of rornebody eleo ie lk$le b rUlm fia amr.rtl dr.gedagoirst |h account cf the draffi. (Arnt o, At lufrn. rr7 O SA v. AarochlbdCltf.onx 8,/ok, SCE SCRA 61)G. Dl.clrrI0o1. U a chcdr rlri*l was rngc[ided by . h4ff b p.y hL t*r wdirtsEld boca.la d lhr doa$ dtlo @(rla dha darr, llf rphoansfr{h e crir..d dFck ut*rr w drhorE rd hr hd( d trrl &a. noa rElt h

e,dho.irtmed d th. obtgdoo !y ,rotdon. lS.Er v. JY. W8,,,rt'a&OWqr.CtaSRArt,. H. met1. Tho 4a.rr d a drafl issued to ollec qr a teter ol cmd lr liCle totlg b{lk !o ufiorn lt ngotialod the (Ht if it war fthqgql .bccele c,dbcrpsrri{is in the accompanrng doqmnts ovrn if tho bfik dd nol md(. aprotod if fio *arar llgncl a !parate irrdofildrB 6 rsnnrd tra $ant c, trodren if it is di*ronqcd (prcAuqs 8,,nk d tr mlWa * ffitnda.bls, tnc., fil *RA'7O)l. Ctacl(.

1. A bank whlcfi bared a mansgsds cfiod pey.bb b lh. odo. ofca3h caffpt rdi,re bpry il booarJ- th. payoo ku,!d. thp paynr rtqlbrmtlo erol,|d lh.[ n rtbr.d tlE drcd( b . fird p.r0 by tnirEk . GtcrtTerf.rf, Inlll Wy v. M M 8rDtfi W. 6n 9CnAaot,2. A H( rlrlcrr ddrorgr

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tlr trustor rtored into I rductJring aG[Bement Ot',,trp,I'tr,, Bo ttpC,oryonttm v. *u,ry Bo,r ut fnist iorryay, 6t?-stiiit-.cii'3. t tltrgr thc rndsldr-nrchasod wlth thc proo.oo or . l.o'r fjorn atsf_I! gry by. hrr rufrtrur uoco orrtGriarrndni;nl(r;row! atota q.ffioie Jrd tE h^H6. rE nd SL to pay lha brl( bau!. thcgaoger_nao na yll pdd rE rrrtbo, hc carrEr bo trid igc fr oafa. -flU ".oor/a.,CTgSCRAZ{1)INSURANCEOOOE

. A lBurano.A tloalth car prooran i3 nd an inqrgrce polbx bGur. ils ndnqurnog U ! prorrida t! rn6rrb{t with nre

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l. A di&ihrbr canrd acq.jro qm*ltip d hc hqtmrb d theffi.flt ffi, citllntt*r alnilrn,-ler.;'nJ,;2. The urc ol FCOENOLS ac . ladilEk f6 food rpC.nrt bcd*rritely .irdr b th. rleltblod rrrenk pvCrOOei6['-*-6.daupplemertr a trcf_psundri6ar h *rtw. ./file,u,fitr &d,rr&|,fl, k,r," i. .,totprr.g fl3',.tch r,rn,ryeng,,, g, W SCRA 6A)

. . 3, 'l.larnlf caffpt be ured as I tradqnad(. br fidl crtart mik faadults, bcarsa il b confrrcirngly tlimil* b. the tradmark .nrf m ii.*rripordel3d millq rin tha pG[cilon h Orc ha

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AN lortt d rrgttducdm $Aloua t e rrrrtq, cqrclt ot Ana.rthor ls prcnmd aml ls a.vlomon of frn ln&/ilr,ltnl@daOas tanl(r th6 appemoe of th6 SEs is*! of a nrsufactncr of liquflodpofobun grar. (Wtut v. hboo cotpr,/t/[,t, 6 SCRA T,,))A LlCu.H ffioLlltn G.r Cyllrd.r!

7. Rcfifig . Drad.d [(tlsfed pdolo(rn ga qrur uiahd.il trovurittdl coor.na.r ltr bred olnr b fbgJ tnd.r Bt Partrll.81d9.33, a!emended by Prald.diti D,ocrc No. tS5, even it it E o{,md by c araonrer,because thc officiltrF ot ihe liqugfed psolot,m gas crlindrr b fia|ryf,f, (Ty v.D. Jomll, aS SCRA C?r)C, Petcntr1. The prdtO lnpotatlon d phamacautlcd prodrdr wiDsa patrilsware rqrlbred in 0ro Phillppan6s is dorcd W lail Rd,,'.- O,t g u Rqbndrrbl @ttrl d Glq,,., A,nr.ngr, W SCRA TO)tDar lo9fdon o(. p.tstt h. I pradrc( tho pdcilo 1o... lhg

adu.hrs ,Un b ltll(r, ur. rd ..[ flo pd.rld p.oocl. lPlttPtru;rr*tf/rrb,' lrc. t Pld, ktc. 0tUSCRa ra0O. Copyrlgftt1.. Tlp qtuolro.iglt of I brosdcacing o(ggtdbn b frtroffi itshoadcast doe8 troi apply to the aimultaneoue famr$!3im of he boedcast bysatlllto a9 a c&lo bloirit*m systom, by a srvrte Fwider, baca$o it b nothansmittiq the Uoadcad m its orn. (ABE{iBX B,o.ttu',l/rg@t v.Aud,rIrdh Sffi hc., 6lC SCRA ztztV. CHATTELTORTGAOEI.AW1. Wtldr a fnancing corrpeny boqln fle clrlpfltsnt cf gl appli.:antfor a lr and lhm loatd lhqll b the af[cant the frrxlion c'lnc[ becorEido.d a! lh]dd ledng, boc.rrio tho bfiq,r lfady ox,ned lheeqSmd btr.! A fpf.d tu ! bnl {ld dEld't,trfr. bc

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Any Wn al rrycdlitilon ttiiltoutthe yfirtq, cottrottt U.Apauttu ls gohlttlld aN ls e ylolaflan d tlln fnlb#ncltr/Codo.frad. (}JISFCO Gttutlr A*rrdon.fEfiA % mrbn, SantucorryrrrdrrtcnsGR tqZ lho malr trd that a prson owB {O po. oont of the .h.a!r d sbckcf tro corpordon. do.o lFt ,u.tfi d.rteprdfro Or.t t.Prra. t ldcdp.melt6 h thc $crp d proof fd tp ontrolr bdr of lhm fid b urhof|g conEol b emmit fad. (lktt,,D ffitruttodal @,orffi % n ,t , 61,scR^ 5oc,3. Th6 sopsrat peramdity of a corpordbn ctror.dd be d$gafdd ilis rmrely ar Cts ogp d a sbckholdor. (sf,,/jln EnW,irc".y.WroRo',lU @tporttbtt,E9o SGRA ,tt5,. 4, Thc mcr! fd thafi a co|Pordidl ac+lrtd tlo a.aatr d sr0proorpcrdion b noa qriciant bsas to hold lho bmro. lhbb lur Ix drfi ol lholafr3r. (ffiirco fulo,r'. ffi, v. ,W talr F.ml''ffit,''rSCnat't,B. Oftrcd! ]rd DltEio.3'1. Sinca coQorde ffiaars *o lhoee $vm tht dta.cE by theCorporaton Cooe or tho by{8lva, the creafron cf the ptitfum of grtsd mangprprnsriant to il nabflng proviiidt h the by{a\}3 do8 rlci rCle lt a coryorsteoffice. (krc I krfulog, hrc. v- @ttrl oJ epa/,, On t&,. fi,et:r,M*'a2O1r)2. Offcers of I dporation reniain in a hold

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Any rcrm ot repioducflonauthor k poltlttl/Fd aN wllho|,rtOre wrfutls a vbffion d cott&,,t ol thetln lnbllecfrnl8. Tho d,ldor! u/ho p6ssd a.rcsolribn adrrlfrk e ll! llaulfty ,or.topqpcrn da botlttcfi h6 p,scrlbed anden0erodlnb e drnfomfe*trtre*1rt" of u! lqt h itr pqrnert !,o cily d b..t|bau,| .r|.1 thojd b. r*bgd* S?$qr 3! d 0p CorponOqr Co

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Any lorm d rqtducfon vltlrotz/ lhe wllten csrrllil ot theautlrcr B prcrrr,/,]?d end ls a vloffim d An hMnlCoda5. Sinoo in a do.ivdiw anit the cilro d don parbltt to hcorporaioq rlo0r.r ,nh&ty doddrolder qnot flo grotrr fifidve sul.(CuuTu+&l*AAUq6. lt ir e 'rq(Jtoatgla hr a derlvalivc uit thC d rt.sndlo #.t! b)draud irilra-corpor.lo ,modisr $ouad h.rt been o(ortod. (fu v Yu*,/yglnn,st9SCRA 6EE'7. Tho cornplaint in a dodvatvo 3{it should allgc lhat no appr8isalrights aro svailaUo lbr ha acts complained of. (Cu. v 7m, 6 SCf,a 6E0,F. Pfrtrahpoctoo1. fhe hCr ol a &c.cd dod(,d.hr qnd crfr tr rt { of

insgccdon of r rioddrldrr [t tc hc h[ nd ]d bin,!.udd h lr. cqPdatbookr gr a rbddroldcr. @o y. Pt,,p W'atc. f tOlA ttt,2. ln an adlm h enibrcansil cf tho figm d hrp.c{$ c, as'todrtrolder, the cficer x,fio daried fro r$red IrxJd be tn d. . datrfih. (C.r.Y,Tae,Cof scRA/r/')lLrg.r

,. Ttrs m(!or ol tu,o orpordiotli i! not d.lit,. it rE ,thles of,nfeer ureftr rgidord with hs SocilIitiet and E dgllo Cmrdssion.fflrrdmro Savtlgt .N r.Na !cirr/r[bn, *. ". **n rU &RA 2t )2. h coe d nreryer of tf,o corpordk ns, 8lo an lYilg corPdrlim canbe lrJod for Ur.ctr of onfri* ente|ld i{o by th. 8b.otbd spadcr' lBbD.,Bu.tt 6 t{ot&igr,lrc. v. Sulroolqp SoatU.lr Ay, ,tt SCEA t(DH. leer*dggitt,. A lbffiIh crrrd tn do fir +prdna ftrf. I lb coOcr*onhs rE l,r !.tlcbd rffi *Yf.tr! b pry Nm ITArfr v Ld/@ SAhltt,WduilSCn rt,

lL NonfrllttcorporauonE1. A Provilion in the by'l8ws d a univen{ty lha[ 0p brm d ffiea dtho morrDfs of ib Doad d fLeos ddl bo nro yoaf! pradb ovtr 0le fiil}',* Em h tho Cooordo.t Co&. (SrnfOr v. ,,,r,/fr,l,,,ittrtry d tttcWIa,C/6/5SGRAG{,z l/rfs h. noafr. d d.frr$r.rq h tr m,rtld d lrE fiy dt"us! !fit by. trm-p.dliccDal|bnb th. Pdaina bs**h. n .ls.to'Yo

as his rmitng edot . rlecplr lb lspurctpottd. d!.tl tf, tsdhb-ptopcltystgo and tE ffiItdh.t of hir ncrtcnhlp b tiot i'eld. (Wry N t"tt@ttltty Ctub' hc v. ttfi. & Crran n5 *R 2r8lI

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Any fumauthq b3. An rdhn fded to rE@ver l{r prop,icEy *ram filctt by a morter dI non+.dt corpqddt dor ndoes of OefrqrdEy h tha Falrmd of thoIlronthly d.n larf b tr pot{dnce bu hega,oo hL maHng rdrfcr$a rsgr,tnrEd bocaa. dlh. doar. of tlo polt dfco bq I|d lh lropabhry tfslw lold.t.c{onblavrOrc proprlotryrrlro eo.cr5.oh;Uil ier herd$ae x,i0r A,{cb 1110 d tho CM Codq Jld g.Gton 69 o, thoCorporaton Cod. wttlctt de6b x,ttt de0rn,eliy .d.! L fraperc*f.(crqatg[,, N nd @utrty Club, tnc. v. Ctci'grr!. 6At SCet tooi '4. A corporation solo rnay b convrtod irto I corporEte aggrlgEte byth amrdrned d lb dides d ircorpoatim by approrat of at best t$D.flirds otthe mer$orr d lho rdiJolrs corpordm wt0lod need of dslolving thcorpordlon aoL, lllr fio rdar applldlc b nor}.bd( oanor.Udir .ppty brrligiorr3 colpordan.. tlEtrlf aarunrcr &fi*ff, Laffi,brc.*t-olrlrp,,tra9Eilil)L FOREIOIIOORPORA'NOilS,. A brdgn cqporation s,hich mlsly inport! goods fiom tlePhilipflrrs b ncf doang h.cirls ln tto Ph$ippinor, b6!e I h nci md.ri*ingan edh,ity h tho PhIFpirFs b mko Prmi fc.r34, b,f,, v. trtt *ztArsurenc.ow1ifiS6RAq .

VII. . SECIJRITIES REOT'LATION CODEl. A .tod( brkar u/tp sold tho ehdo3 of 3tod( d hlt clltbm* wi0toutth6 knmledep sd cals$t d tho a6tomr i! ot hod b rdrn !hem. (PrcrilcRClo1l.c W, u ffi *urltb,erc" 68, SCR/i 2t42. uJ?uo a oorporathn ongaeed h fJekts 83 a @mmodilis badorsallolrrsd uSlEdt*.tmn b hcndethcsrtd..LGg, fio cstabotrflen tEm b voad fq beE h virdon ol tho rds m ooltEdty tift8badng srd lhc hr,.Engrt d lhe olbmr tnd b. tdrrrd h ft.S.(tXr.iff- Toto Oo,iooffa., t c. * Oro,!n, GD $fiyl toa,3. Slm..@'ld(hdcqf l,lfi.sccEr9.tdttr RovbedSecuifec Cod. ttott.o ut babn d the 84m.. R.OfiUm Godo r rry nlc,rs$idim d o{der mder it or any nrle cf en odlmgo, nghb,q, aaqrlth3aioddon, aegirg agoncy or o0rir aclt{qdery oqa*ac1 whlb e easeand d6dd;.d.r unfir-S.don B{ ot flo Soorfrb! R.Oldbn Co& b bq!.d onan ad ltrd $ll ope?8to a3 a tard m hlr.tnont3, a oe.33 ard .bi!l o.derwhich e'b! bo0r riloo nd givo an inte[lgE * bs.lt b lrsPmd b lt and Yiol8teg

the dgtfi to drc 0roo... (iorazmof Srt/cc hrgvrocr $a{lm Y. bud dArrpr[,,N*RAl/3lvu. crvr.oooEPnouslofis(,l{ GOmOilC,ARilER3A \llgirnovrGoortrl.' CorrrEn c{tlct tqnaln [Slc lbr camcr *ff th'y rt bohgudoedad. @nt Cotfrrrrrootsfurpor Y. rlo/ft tffi ln urr'craroau imitffie), brc" 60 sR T

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py.rlrlr u rrytdi?:!!r_o!_k^ptouuw amt tc a vtotauoi-i ni;-irracnmtinCodg- -- --- -":n#iBum mWna $Wbg, hc. di2scFa.5ri:--"- -

B. urf*pcrngcr.. 1_. _ A pars.rE.r vrito wrr irgnr

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Any lom d ngtodudon frlrotttlnwrlltctt cmrrirl ol 0paudtof, b Nohlbrlgd and ls e vb,ffion of 0n lntal/trf,//t,/PtorgtvCode-x. ruBUCsER1'ICEACT1. A l.ehL0rro fiildtb. b ma drEy! neo..sry b op.rt a publicrJ(ilU, Deoa|c CqUor can (hbgd. Ith efio.lty b grail trldircc b rtadnlniedvc rg.nsy. (Fturc&ro v. 7d R.gerrtuy tufi!. g SAA Aq2. lt lr the Emrgy Roouilatory Commlsslm whlcfi h.s lrrladkfio.t bdecido disput$ rog{ding di!rymodion of tho rt.pply of oMidty, (BF t{orrn,lnc. y. ,,,,n/flf; El&k @/,,,p',rry, Cac SCRA tt6)3. lt it ulo Enorgy Rc$datory Commi$ion rfilch hil Frlldction orrrdisprts irwoh,lng the mad(etlno and drtitutln d C.ctlc aota.. (|tuEftf,/a Wtary, ha v. lffiml tuyr @tPorrtix,r, C, C SGRA 6et,4. The irunedate dscornedion of t)t .bcricily tmdo by et'inspcla d Lctlc po\rr oolr?cry llp lbl.rd . Xmp.r b.he tI.d by .ordomr b nd r,.td ff m oftl6. d lh. h or ]!Plr..ndva d l,! En Oy'Reguffiry Coil{.lbn wltl...cd tho kr.p.ctdr (W Wb @yy.,*kO Jtu Tarrr-y Ph,'.. htc., 6V0 *RA &; hrfr a&b bt rp'tty y.llc,'.. b S.r,hgo, 6e0 SGRA trq ffi ru* W y..Ct,t , OBSCRAE"5. The clisconnedion of lcfic aeruhe for allCed r.rcc of a tunperedmter i! not vdld if the consu.nption d oldridty ,mind thc ganp trr therdaoeflrd d fhe rnstr. ([rirrf,r EhcrTrc Cotway v. CltU',, aA *RA C'r)6. Tho !.Lliond TelEcomnr,n'rcalhna Cqnmiaslm camof carcol $csrfficates of pl&lb cmvnlenc. ot broedca6iline liedont wtloh dd nd coflplywih the teq*rmrnt ln thok loFla0ve trm.hb. to rrd(. a Pifla dhieg of dlead 30 po( ant d fth 3harss of dodq bocau$ it ha! rd b-n Cvcl qrdlrrlric . W[*, v. @trpffiero.&..&r0l q/!!.o, loc., 6ta SCRAnq.r., CAREABEG@OOSBYSEAACTl. Vtf,s & adion fur

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Arry torlm ol rqodluc/lon rrtt ottt Are vtfren irorlrr rt ol Upwthor ls Norilbl/hd aN k a vloffion ol ttc trfiilnc,finPrcpertygodeot tho operationd tlE .ner vtddo. FeBt-{tr,,Uttdf,,m.@tpn&,av.Bqdon5 C6,SCRAt,Xtt I.AWOXSECRECYOFAAilKOEFqErIS,. t l/hst m irfrmdion cfrarging a cadasr x,ilh qJlmhd lhdt .lrplyallgEd Ulat she ltde c.$ bclqtdrE b hr o.npt9!r utftorf e[.!hg lhat 3hadid it by taking c*Fcl pry$le b tl* amployar, lorghg ho fi.tqsxrErils d 0rechcks. to heraelf, and

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Aay fonn d ryrodttcflon vldwtffiaufiltr,r b Nohrrltfd aN ls e vroffion ol ,hi friMtfr,/{[/MyColbE tlm Dcpoltr.- 1. A spedd Evinetr accorrf *fr,i oarn a hidrcr itt rlC lhsrordirsy rsvlng. r@mt I it L rnhBrd ftr pc.lo& of 30, 60, S] a trc da]rsb a.tuCy e ttr drpoit.nd b fnirt b doqmrlry *erpi Oi cvsr f n-arovifrd by. F.sbook (Prt&&o &,,t*u Wt u ffinrd*,fitrdturil,ttcEtT *RAgc,l)F. Lo.nt !o Rd6d m.lt b

. - 1. . Th6 nro o acl of a dretior sd prcHod d . ba.lk of oHair*rg aloan fiofli tle banlr wlhout ttle spp.ovd d lho imrorlty of tho bo{d d drsc6ncondih.lts vlolatbn d Sootio.t 36 dflo Ge(Erd Bar*ie lrw. (Oo v.8tr,ngkoSurtil/ rry P&lr$,a,.gCnAC,,j)2. Ihc poridcrl d e benk *p obtninod a lom fiom lt wiElodcfipryhg r&O. trqiunerfr ol Sec0on S ottre Gctrd Brfdng LtradfabolynFdc f ec_thCronobodyehceh.d lh.lilt b fd.brviddinette lar. (sorlro u @ dfir ffi,E',- Cl, Sn rfiq3. Tho prrrident d I bar* xrtE ffiFd a lrl frofir it bl.lt tatBatymede it appe*lhal rcmeboOy app$eO ror fF loil br,lt rcoolwd hc procecds ti .fie lo'l ,n y !a lhuc fq edsh thrurgh lulifrcatd| ot cqnnrrrdd'rroomorilg.(Wo v. @o ol tn mfrpplna, Cfi SCRA ret

Rrtrc of hesmat1. AIt mor3st of.18 per cent and 22 Fr al, e year on lorrs and aqEnalty d 8 par c.nt a yar ar nd uncoo8dorsla (O*tl6pnoat &/n* dtl'Dm ilpere v. fang d l,llmrffi,,/rrru WU ktc" ig *RA $r)?. A monhly htcr{ of 3 Fr cant.nd a morxfily p.nCry ot2 Fr o.nton delirqrrt @flb d holderr d cttdt cdds gc rnconrcaorrblc. 'sd lhoit{d bg*r $!t !l. ponry thdld Dc lldE d b 2 p.r ilt p.r morttr(lIrrr*lo t * d b Prrffi.fh,nt, E SCRa Cf,t3. A&,L[oohaFort ldyprovtdrgHihcbstrbrilrqiadb.qlrdtE nbdlrlffi h ffi*ltrttr pradrE nh. h 0r3c?i.lrnsl(et thC tro bor|orrt. nust prtgy tlF lqt f h. dd not .ert bit, dtd tl6ttle fai!ry lo Fgply t! lom rcutd be dssrld cmlont b trc rdCmaril isvalid.. (soffirnt Cor*tfroa v. W llo,,?f,,', lnc., C20 *dA 77q. 4. A ltiprddm in a losr agErnent SMnC $o bs{( erhodty toiticreso the i{dst rdc! at }t! tolc d&rcdon ir void, (Plififfirr S."&lgi'8rrn*uffi,W*A/lEnt

H. n dBirblolng.g.. t lhc hrytr of pogcrtlca nr,tEod b a b*Jt urho pCd p.t cf Srprhdpel dtholgl bqre olth. r$urr dthe bfik hd ti! dimo0dr dtlo modg8a *crdd b. apgrovd il he uodd nd

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Any hrm of rprodtr{lott ttlflroutlt,p frAf{,, 'tr/,Itr,g,il oJ ilreatfrtor b pohlttl&d aN ls a vloffion o| tD hlhlleclurrtProwtyCodq: _ ?. IiEp, rrpg! advico d a bsd( amploy6. &e rC.. d tuo parcolsof lg|d banlfqr3d or. tuos b tlo hryef O er*fe Hm O rutgago lirm to*E ? log1r to b. ured b pcy lhe ae0*, [re brfr b na eafldfi liUc U pavqp Talor-if- qte Drrf gld no! tJ3c th. pro6.d. o, tho lat b iy tt !ilq.(Wt 8,rrt anl fnlrl @rirpty v A!rrr&., At *RA tilfI Crtdtcrdr,. Whr6 theI3 b no stipulatim lhst I bank which issrod I crodit cardis obligd to eppove arry prctrse b be made witt tho ule d ho crodit flld toact on all rCpods wihh a cpecific p.iod, tra hold.r d tra qldt cr6 cannotsue ior damagee .lf hls m(pest for FJrch8e3 abroad w.a eppfoired der 78minutos. (Pttt,,loa w Anrt,.aa 6ett'C tn|Jt fut,f,,t, ,,c." CZt *RA 27A)J. Ibcdhmouroprrdon1. A b6rr( crl tc6o lrd p,opct63 il aaqitd a pryrlErf fur a losrwit\h tho live-pcr p.&dftr f b dt9o.. d tlr rtd F!!p-t e. AfuMdth.mW,hE v.flr,,l!/l7l9Rltrt)

2. . .A bank ic lk$le to sr imporbr fc the lce d inpodod qiporntdI to failure d tho kurrHlco oorfirp{ry b pay fur tlE los8 qt mut of lhe norFpaynnt of the premh.rn $,hr8 tho bsrk rer.enbd to tp hpqL. that thepremiffii had beon pdd by dbiting ili or,rsrt accorlt lm,sl- v. F.r E Ettuok a Tnrt tunpny, ato SCnA,o,3. A bert wtrich isqrod a ltter dating that il irfrfit.d F irclle a barkguararily for

'tyurpdd rccourb of a d3fie[or s.tierct b coltpliar wih the

condilions d tho bad( b not IaU. fur ulc trpsid srt f rD bftk glJ'entywEs act ally ilsuod. @.,lf d ca,,r,nlr' v. Goo&o il*r Wom,Phi/ffitr,,brc- CaaSCRAgtQ4. A bd( rtrq b.idr m.E|f tlunfs{y ffh.d rrypdrcfredrc, nehcd Ofil and u.od tro proooc

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Aity bn t d rryuducdm r/firwt Ure inltca @t *rf af Afrauthq B Notiltnsd and ls,a vloffion ol tp ln&,frcci(tr/tuopstyCotp.N'il .hEALETTIATEIORTGAGEA Vdldty of lortg.eo

1. Tho fistg.g of lhe lota in a e.tdvhhn by tE rtd r.adodet slopar urlflqlt lhe dearanoe of fic Hornho.nd Lrd tX. Raodey gosdl! void- Grrro, Dev.&,p7c,* Butk v. Ettdqf,4 ClD SCRa tt1,2. A bank to uhom a parcel of I'rd u/a. moreogEd b .ro{ . mortFgoein good fa0lh f thof! was an ad\rs6o daim anncieted on lhc o.rdfrcab of liUo fiditr cancoladon wpatrnty vdd bcarllc ot lho abldtc. d a cqrt orfir ad mthe b3b cf lhc dcArae of th prior rnortgop. ffot!,& w R!,{,lto, C.B flo.,etn,Wlftir).3. th. mo.tsage d a ggo.l of tr h {.t or aa r b.* b nd rt

alonaton h llrrd of C'dtoq bccar i mctty !uqFc!.d lb g,op..f b dGn.(l'oo ua Be|ltuf M tuilc CWU t-u; 42 *nA 4?tB. lUghtto Fol.cb.e1. Tho ,noa0{y intarest m the lom,rfioa paymont m! aord by arsal estato mortg60o of 5 prconl, co@orJndod rnontHy, i! umqtrcionsue andvoid, and fte lbedoaro d the mortgage b vou becauso thc gnorrrt dr ieincoqd (ctrf,o w hn, CG SCRA 231)c.1.

Nooc. ol8d.the turcbouro .ab is wid lf rE ndioo d it urt pd$.hed h antilpeor otgilFrd drq'ddion cvdr It thc rlgigggm had drC lsrrddge otn- rPa&prto rffitd M v. &r!,'., eSU $ar,2. lrt E! tF hrcdoam rd. E h*l h ffr*ryorf Cly, troncdca w ntl*cO he ncuopeer ufiltlr w Flnbd h llrlfir Ct, tdAEaon effytrdwchqletcdh RLd ndCavllt, trpfidrrddndlrvc ltlolt in ilandreryor! Clty, gtd th. nru !9S., wr. n f id drlnd b rrrtdy,&le nolico b wjlr, bcoaue lhe neurpepor b nd onc of gerftl dqJdon.(llr,fPpp r turk ttd Tttfr Conpgtv, kn v. hlr/lol, N SCna tfe,3. Wlso lhc fredosure sab war hold h C.loocan Cfty hf ule

nrxlpepcr in ufildr th. ndoo of fi wE. prJblbhod rr h iltilh, tto n$cs vae4. I fhc fulrdcrc aalo lr pq$qr4 r& d tE bodcro .sbrnrt b. .?rff$.d. W M ard fid Wv v. frioSootu ',lfrrfrar, W* Aa Sc,lr !$,5. RJb[cdon c, thc ndoa ol t.E Edorra .dc h t filcist srgl ifno notic. ol I sa. pil.d. lGrt. 9.nihg Qrf,plrfiql, v, Int/&,' & SCRA'll2; a,/a* d lln Phffihn &hndr v. P.Nr, 6 SCna 6r; mrtySrvrqe Brnf v. grrrprf, * t* ?3

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Any lorm of @ucfion vttrouttp vtfon Cirrralta of ilDauthor ls ptohlbtted aN ls a vbladon o, iln futtdr,tilF,/ProperU Code.6. Pr'd|al notlc. d thc lbrcOoore lelo m,/d bc glven to thoPhilWrs v. Exdn br&rfirc., Arc., Ag SCPf 5pq W tffiy!ryg5rrgpc eilpnrffi y. rrugryotfui. lrt* d tn& *n Ubscf,Ar'8)7. lf tho morEagor filed an adidl for snllmd ql Urc cxfaiudeidtordosLre 3do br lad( of publlcatm, lho h.r(hn of proof b rlpon UFmortgEg, bocauso tho Fod d pr$llcatim ir in itr poc$llion WnBnt and Trud @mptny v. Nfu.t d., 4O SCRII Z7t)

D. ArcdonsC..'t. Tho t* dring the eodrajudiri{ fu.dlro b vdd ru$ if OEe ..wes mly one bldd... (W v. mhtrs.y*r!tr Bi*, 3ta *RA 11,/2. Ih. rErtrcc c'l.&or c'l tl.r lhe d.&r h cx fr rm*gdatforldcro !* rxdts h a ddkiency. (m Wy S.rrf3! trefi, l'a v.Avqttdo, G.R. |Jo. ,781C, D@ilrbot7,z$tr)E R.d.mpdon1. A dipdation b wsivg ths ridt d rdmdion b voltl, bqrso it isaoinst F.6lb pollcu. fAdr, Cdtny Fkttrct.rrd t e*O @t uGtaaadoa, Azt *RA 517t2. The radenrption priod should b comtsd tom lhe dato d lhoregisbatirn cf ths 381 and not ftom tho dato d lhe ralc. (W u@wmqlrr l W. ltlrl,tnnco Syfrn, Arl *RA tg3. An oftor b rEdefii ha prWerty norEaOe

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17/20

auuror ls ,,ohlbt/6d aN tsCoda, vwtttotta gl AAa ytoleflon d te tilNdd, 8. * o+ifa rhs to( 3houH mt b ind,/dod h thc rodirXroonfice, bocaulo thrc ir m tarf { r,. rporry ffigod rlnu iler theffiffi' 6";;-?;lt#-:l* v' BP' dvL Evrn f d bte morlcgd $r! loU d r lingb artc rrdlbra cirgtopdca, tre rnctengr my nttean mly lqnc o fr"r, t." thc prindpb dndlvisiUtw coale! to b6 appticable. (yop vz Dy, cCf iCnl lcrf10. .The llllng of en aSbn for anndmr of the foredoara rab doesnot sr,spsrd the nrnho d -th -rcdo.nptim p",toC.'---fCtnr BrrWCo4olntbo w krdr, 699-SCRA oZj- --"''-"''"'''11. An diar !o Edo.rn the brd6d proporty lr nof afioicrt I thepgglpggn Fb. b nor bnditd. @bp h*iE in&n v. b*, oiscm,7a

- 12. Ihc ftil payn*f d the rsrcrnpdqr prl rld IF.dlrad ilErel isurbltaltlid cofllplrtaa il thc pryrrnt w mede m tlne, avqr It tl. rdpfoporty to( w!! not hdudad h lt uJt was irm.diELly paa rtrcn trc moteoor!!3_gp?lisd d th. dolidncy. (Crybn v. bt b iirrfrw CnO;nellli_aOiscRAr,l)E P6!..!bn1. Th h0r at the b(dosrfs 6al6 of th6 real p,oprty mortoagDd isentrU{ to the g6flill;1 iranano of s urit ot poc*sslon '(lIo,&lv. n.E rri,59t SCRA 2rC); Wt v. &rryttnrrrlrl S.wrce tn ur.na 9,a/r,r\ CfiSCRA 82; Ca. L.l Chu y. l,rytl, Crz gCRA n7; Chhr. WV a@r% AD.r, 0t9 SGRA 14; Sy v. Qottge/, Ct9 SCXa dt; C,/hlfi v. rryf,,rcb,C.R. rlo. lutat t&tr,ffir il, p, 1)2, Thi hrylrd lh. b.rdqrc rab d tho rC propqfy mqlg.gpd bntltbd io lho LrIfE d. ut ot pcerdon cvir f thc mfrIr Sd rrdion tu rnJfnil dtF rd .laie mor$oo. lslerrbrrlr v. Wat*ta8rr*,,SrtSCnllalQ. 3. Thr h,ry.r d tho lbredoal.ra tde d tho ,at proporty mgrtgaes b .on$tlad lo tho ba,Ero. ol e writ A poasooJon ctrst if Otc lmltror fLd anadim,or amdmcrd d thc,oodocrre .*. lGtt ,,a, Crlrr v.ltq ' al2 SCllA227t Pbrr,.rs lr*r/gprrrrlrl 8ntrk v. tlg, Cfr *RA 844. Slnce 0re pc[fion 6r he ls$Enco of ltr wrlt of pocrqdm fihd bylho buyr d th. lbGdoarE td6 $orld be grarsd lttrnmrily, [ $odd not becoruolird.d xrlh m don !U arnined d th. fotldoart rda Gtfffiotlfut Mt @tco tW nO Wal tlE- g SCrL Tlt'E#w v. lM oltrr 8rn& crc SCnA !6t,5. Ih. wtlt of po...!aioo bttd Btasf b tho odt*dculbrsdoare of t rcd tdlb tttodgego can be or{ored agffi fia loco d $omorEaoor. tt#tt Srt*il k,,,4fr(,fuV ia v. nt,ogffi M rr.,frua -Cq$tnj, a5 SCRA nst Pdl,i/elc,tcrrq, Aato*&n ot stt7

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Any form d tworrucdon $aroutthe ffiffi ota'nautlrot ls Notttblt0d and ls a vloladqt d tha tnblbcfril,,f,/,hew Chrfutr Ad,c,rry y. Uet/ryfr/lm ff,,t* ax, Tn d fuWry, Crl*RA1t)

__ _ -_-6. lh" yd .o{ posles.ion issued puraEnt to thc orfrlxldalrq'eloEl"rc ofa rtd -trb rnofEloc c t bo fibrd tdnd lho buFr d tharyp?$qt qrqlg!.4 bacaugc hb tdo ir d.rir6d tom frc nrorqdpr. tBF'FmA Ww tutl+ tu, v. Aoldott turvDlrldSrftr Omrriab SCneN)I.. .. Th" wit q pocsosdon carnot b nfotEd agairEil a Uid prty u,hoclaims it is$e o$nf o, tne pDperty moragBd Oecarse A the partoqi 3aie to ifand.lhat 0r li0o of tho rprtgagor is rptr.ixrs. (W*rt &nk o, AEPhlllpphw v. Prtu ,/f/{t/,o[,epd Arrert@t,'CfZ SCiU Og

. .8, - Ilte w'it d pos8easbn camot bo rftrcad aegand. t rtd Frroowtu deimd b b. lhe olrrr of th. pop.rty moQag.d ir.oara of 6 Fbr?qai{ryi-.dqt.rr of 'l ffi. 1Wt a oto-tfupr bffi *}I/+cotscR/l t t,. A wdt d pocseogim snd be orfrrc.d {drC . t*d pctydaimhg righ0s cf omo.**r a6rrs6 to the morrgagd or trJ grqrd fid a asaof donatkn h fa'vor of lhc mortgsgor wac lblrifie4 erntanyc y. Grr.rdr,

10. Tlre provi:sion h Secrion 6, Rule 39 of the Rulf of Cort lhat a litlaliudgrlrent can be enforced by mere molion only for five yrer fom ordry ofrydSTent do apply to 0p issuance d a writ a posse*im in edn*rtidaltoredo$n,of a wril of poaqreim. gopto v. eatlrp Flllfrto l0rMlngr- tgt@Wo8rrrrt,0ttSCRAt0,

F. Arhulm.ot ot Fo.ocloourc S.lc .ln accordanc. wih Section 8 cil Acf No. 3135. if the rrcear tdlcd lo flee ptilion b'snl lhe tbc&ere sab u,il$ g) deys Ct* thc buycr wr Ciue.tpoeslioc tr mortngor cm no hnOs q,Eolidt tra t lfcy o, lra ft.tctcrpreb. PCA.ftn ry tu" v. fuW fr3lrt, Ot gCn rz,G' Erc6Proc...bdFoftdcrn8alr1. The o@osr ol he Ud prioe orrer the arouril il tlr mollgagee hceso of foredoour !.L *!odd bo furFd orsr lo lhe morlgaeor. Wl v.a,,nk ddto Phffin r*nd., ,9E SCR^ aAt,2. WtEre the nrderago. ftld an ac on to smut tho furodoerra saleand tho proooe& d tro talo e)@sdd ttp alrut dp thc rnoroagee, themstg{eo thodd lno&dc h tl. don er an.ndh,r callc d don {br trotooovrry of tp mr* W M rrd :rru,,t W, v. l*bGoarfrr&ohriln Worr, d0QSP rtl,XIL OORPORATEREIuEIL]fANOiIA Vcnr1. Ihe vflre h a petition br oorporab r$abilita&n b Ulo hflibryrr,i|q slo prindpd d[c. of a corpordion is localod. (,6m",ia Oet@,,0/rtarn* v. Fffi Atdro Derr&rntrril Btrk,

Tt* *,

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NU torrn ol @ucdotaufiror b lm/hlilted eN wrfirouttfie urtfrqrls a vloffion ol con'o,,tr ol tlntp frtaailectl/',lCode.B C.p.dtyto$r' 1. A @rporatim m&rg*tg rshabllitalbn can file 't qiod,rFnt casoagahoi a lels.e h ltr $csrce of sr order gavlne ths rocav, tre inefi3ive dgtilto sue. (IrD.b %

^rBFrdty W1 A52 SCRA t qC. StryOrd.r1. A atay ordr ln a p.oc6drE fur corporate rdl&frtaoon irchjdslabor cese!-for nbgEl dismls38l. OI,r,,gr,o v. UnMd. S.ta WtIldlpuo Ctub,trrc.,@StRAlrC)2. The exeqJtbn d a dedsion in a laior caso .hodd bo stgyod iflhoE is a podng peo0on br coQcdo fhabilitatim. (h Wo v LM,&tffirg rLffi, erc" 02e SCRA fri |folht. v. tum P*4 ,rc,, 6CscRA t6t,3. Shc. . .tay o.d.. h . proc..CE tur bdpo.i. rthdlte0oninduOc all dCttE ot rt$t errn t I ooysr e darn aidng fiom e ttrotrletiionrftts (M.r. v. tu,,, Ar Sctia Sta,4. A d,ay oidr h a p,oc6dng br corporate rhabmatd! applie3even to daims t|lrhh do.e dar ib ks.mce. (li&lr/yan ,,ut,,r' fury'lnnhtc. w lllcfult,,. lffig @,'tr,/ny, bc- W SC,lu 45,5. Rosl Foporty mortgagod to a crsditor may bc etclded ftom lhocoverags of fl. Cey oder u,tlor tra motagpr dd nd pay lhc .!d p.opertyta)s and tho city [fur6 fho p.oF.ty wa! l@Ebd vea! geing b a.I n d p(slicaucilrn, so lt|.t lh crc

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Any lorn of tqrcdrcton wltroulo,e wruOn conantt otApauthor b prohrbttgd and ls a vtoffiim d {n l/,/hlbclmtreimbuEod b UE loonB Ulcy fanted ild hav" rD lan orrt tla prr.b d ladr.pn@bc lM fur* v. Azrr.t, W *RA nq

O. RJr!iltdon PlenL Crsdo'l rs not fu.cod b @6gt fl. brmr of lhc reh$illtationplan. (Phl@rclffiooalBarr,kv.CoailofAppb,0li$CEAdn r, e Dlltd..al of Procccdlngo I1. A pqirton for corporate rehabilltBtim shoutd be dbmlssd if norftabilitaticn pla tur ben approvd wi0llnddfoon montn lionr ib fling afrd.,the. contkrued opardm d lhe corporatials Is not viaDlg. O{p[d/, Au&).nCo,pp,ttu, vr" Prftt,f, B.ae of Oolill-D., Cta $if rdDZ lf a oopcation b deorpd dgeohpd bc,rg d lhr ogHon d itrlife, il lhodd bc fqlOar