G.R. No. L-10221 – 103 Phil. 40 – Mercantile Law – Negotiable Instruments Law – Negotiable Instruments in General – Unconditional Promise To Pay During the Japanese occupation, Pacita Young issued three promissory notes to Pacifica Jimenez. The total sum of the notes was P21k. All three promissory notes were […]
Unconditional Promise To Pay
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58 OG 5886 – Mercantile Law – Negotiable Instruments Law – Negotiable Instruments in General – Unconditional Promise To Pay Biñan Transportation Company bought two motor vehicles. They signed a promissory note and to secure payment, they mortgaged the motor vehicles. The promissory notes were negotiated and were not paid. […]