Friday

Credit Transactions - Midterms

These are the reconstituted questions of the Midterm Examinations under Atty. MEV.

  1. State the ruling in the case of Eastern Shipping Lines v. CA and relate it to the ruling in the case of State Investment House v. CA.
  2. What is a warehouse receipt? Give its definition and nature.
  3. What are the elements of usury?
  4. Amado and Amanda
  5. Distinguish sub-guarantee from indefinite guaranty.
  6. When can a bailor in commodatum demand at will?
  7. How does a sub-guarantor avail of the benefits of excussion and division?
  8. Why is the doctrine strictisimi juris applied in accomodation surety?
  9. A secured a loan from B in the amount of P10,000,000.00 with 6% interest on January 1, 2006. A defaulted in the payment of the loan. B filed an action for collection of a sum of money on February 10, 2009. How much interest shall be paid?
  10. State the ruling in the case of Cebu International Financial Corporation v. CA.

Bonus Question: What is the meaning of credit transactions?

3 comments:

Krissy Tupaz said...

Hi! I was googling for list of cases on credit transactions and my search has brought me here. I'm a law student as well but in San Beda, currently on my 2nd year. Do you have like a list of cases and if you don't mind, can i have it? Our professor don't usually give too many cases but I thought reading them could be of help to me. Thanks and nice blog btw.

kulot said...

Hello Krissy,

I have a list of cases here under my subject last semester. I'll send them over to you. Can I have your contact details?

Krissy Tupaz said...

Hi thanks :) Here's my email ad: xtine_tupaz@yahoo.com

Thank you.

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