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Results for “Negotiable Instruments Law”

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Question Remedial Law, Legal and Judicial Ethics, with Practical Exercises | Promissory Note or Simple Loan Agreement | ESSAY Medium

On 5 June 2026, Mateo de Guzman signs a promissory note payable to Pacific Currency Corp. in the Philippines for USD...

...ning: (a) whether the instrument is a negotiable instrument under the Negotiable Instruments Law; (b) whether the exchange-rate clause affects negotiability; and (c) what remedies the holder may pursue and what defenses...

Citations: Negotiable Instruments Law, Act No. 2031, Sec. 3

Question Remedial Law, Legal and Judicial Ethics, with Practical Exercises | Positive and Negative Evidence | ESSAY Medium

A civil action involves the collection of a loan evidenced by a promissory note. Plaintiff A sues Defendant B for P1,...

A civil action involves the collection of a loan evidenced by a promissory note. Plaintiff A sues Defendant B for P1,200,000, representing the balance due under a promissory note dated June 1, 2023, signed by B. Plain...

Citations: Rule 133, Rules of Court (Weight and Sufficiency of Evidence), Negotiable Instruments Law, Act No. 2036 (as to the admissibility and effect of promissory notes)

Question Remedial Law, Legal and Judicial Ethics, with Practical Exercises | Conclusive Presumptions - Rule 131, Sec. 2 | ESSAY Medium

In a civil action for collection on a written instrument, plaintiff sues defendant on a notarized promissory note. Th...

...ption applies and when it does not. Rules of Court, Rule 131, Sec. 2, Negotiable Instruments Law (Act No. 2031) – for context on notarized instruments as evidence

Citations: Rules of Court, Rule 131, Sec. 2, Negotiable Instruments Law (Act No. 2031) – for context on notarized instruments as evidence

Question Remedial Law, Legal and Judicial Ethics, with Practical Exercises | Promissory Note or Simple Loan Agreement | ESSAY Medium

On 7 July 2025, Lirio Finance, Inc. lends a borrower ₱1,150,000 evidenced by a promissory note payable to order, for...

...ning: (a) whether the instrument is a negotiable instrument under the Negotiable Instruments Law; (b) whether installment payments and the acceleration clause affect negotiability; and (c) what remedies the holder may pu...

Citations: Negotiable Instruments Law, Act No. 2031 (Philippines)

Question Remedial Law, Legal and Judicial Ethics, with Practical Exercises | Promissory Note or Simple Loan Agreement | ESSAY Medium

On 1 June 2025, Ana Reyes signs a promissory note payable to Cardoza Bank, or order, for ₱600,000, bearing interest a...

...ning: (a) whether the instrument is a negotiable instrument under the Negotiable Instruments Law; (b) whether installment payments and the acceleration clause affect negotiability; and (c) what remedies the holder may pu...

Citations: Negotiable Instruments Law (Act No. 2031), Philippine Civil Code (obligations and contracts) (for general principles of defenses)

Question Remedial Law, Legal and Judicial Ethics, with Practical Exercises | Promissory Note or Simple Loan Agreement | ESSAY Medium

On 10 March 2025, Juan Borja signs a promissory note payable to Maria, or order, for ₱400,000, with interest at 9% pe...

...ning, (a) whether the instrument is a negotiable instrument under the Negotiable Instruments Law; (b) whether the installment payments affect negotiability; and (c) what remedies the bank may pursue and what defenses Bor...

Citations: Negotiable Instruments Law (Act No. 2031), as amended, Civil Code of the Philippines, obligations and contracts (for general remedies and prescription)

Question Remedial Law, Legal and Judicial Ethics, with Practical Exercises | Promissory Note or Simple Loan Agreement | ESSAY Medium

On 12 April 2025, Andrea Lim executes a promissory note payable to ABC Bank, or order, for ₱780,000, bearing interest...

...ning: (a) whether the instrument is a negotiable instrument under the Negotiable Instruments Law; (b) whether installment payments affect negotiability; and (c) what remedies the bank may pursue and what defenses Lim may...

Citations: Negotiable Instruments Law (Act No. 2031), Secs. 1–3

Question Remedial Law, Legal and Judicial Ethics, with Practical Exercises | Promissory Note or Simple Loan Agreement | ESSAY Medium

On 15 March 2026, Oasis Finance Co. lends Ben Morales ₱1,500,000 by way of a promissory note payable to order, bearin...

...ning: (a) whether the instrument is a negotiable instrument under the Negotiable Instruments Law; (b) whether installment payments and the acceleration clause affect negotiability; and (c) what remedies the holder may pu...

Citations: Negotiable Instruments Law (Act No. 2031), Sec. 3 (definition of negotiable instrument); Sec. 4 (payable to order or bearer); Sec. 8 (endorsement and transfer)

Question Remedial Law, Legal and Judicial Ethics, with Practical Exercises | Promissory Note or Simple Loan Agreement | ESSAY Medium

On 2 February 2026, Linard Enterprises signs a promissory note payable to United Bank, for ₱1,200,000, at 9% per annu...

...porting reasoning: (a) whether the instrument is negotiable under the Negotiable Instruments Law; (b) whether installment payments and the acceleration clause affect negotiability; and (c) what remedies the holder may pu...

Citations: Negotiable Instruments Law (Act No. 2031), Philippines

Question Remedial Law, Legal and Judicial Ethics, with Practical Exercises | Promissory Note or Simple Loan Agreement | ESSAY Medium

On 20 August 2025, Yuki Holdings, Inc. signs a promissory note payable to Liberty Bank, or order, for ₱950,000 at 8.5...

...ning: (a) whether the instrument is a negotiable instrument under the Negotiable Instruments Law; (b) whether installment payments and the acceleration clause affect negotiability; and (c) what remedies the holder may pu...

Citations: Negotiable Instruments Law, Act No. 2031 (Philippines)

Question Remedial Law, Legal and Judicial Ethics, with Practical Exercises | Promissory Note or Simple Loan Agreement | ESSAY Medium

On 3 March 2026, Aurora Finance Corp., as payee, lends Ana Dizon ₱1,250,000 at 9.5% per annum, to be repaid in 20 equ...

...ning: (a) whether the instrument is a negotiable instrument under the Negotiable Instruments Law; (b) whether installment payments and the acceleration clause affect negotiability; and (c) what remedies the holder may pu...

Citations: Negotiable Instruments Law (Act No. 2031)

Question Remedial Law, Legal and Judicial Ethics, with Practical Exercises | Promissory Note or Simple Loan Agreement | ESSAY Medium

On 5 May 2026, Solace Finance, as payee, lends Mara Santos ₱900,000 at 12% per annum, to be repaid in 18 equal monthl...

...e amount due. (a) Is the instrument a negotiable instrument under the Negotiable Instruments Law? (b) Do installment payments and the acceleration clause affect negotiability? This flashcard focuses on a core issue in re...

Citations: Negotiable Instruments Law, Commonwealth Act No. 203

Question Remedial Law, Legal and Judicial Ethics, with Practical Exercises | Promissory Note or Simple Loan Agreement | MULTIPLE_CHOICE Medium

On 7 May 2025, Suncrest Bank lent PhP 2,000,000 to NovaForge Technologies, Inc., at 8.0% per annum, to be repaid in 2...

...ning: (a) whether the instrument is a negotiable instrument under the Negotiable Instruments Law; (b) whether installment payments and the acceleration clause affect negotiability; and (c) what remedies the holder may pu...

Question Remedial Law, Legal and Judicial Ethics, with Practical Exercises | Promissory Note or Simple Loan Agreement | MULTIPLE_CHOICE Medium

On 12 February 2026, Apex Bank, or order, loans ₱1,800,000 to Nova Logistics, Inc. at 10% per annum. The loan is to b...

...ning: (a) whether the instrument is a negotiable instrument under the Negotiable Instruments Law; (b) whether installment payments and the acceleration clause affect negotiability; and (c) what remedies the holder may pu...

Question Remedial Law, Legal and Judicial Ethics, with Practical Exercises | Promissory Note or Simple Loan Agreement | MULTIPLE_CHOICE Medium

On 12 May 2025, Aster Bank, or order, lends a borrower ₱480,000 at 9.5% per annum, to be repaid in 15 equal monthly i...

...ning: (a) whether the instrument is a negotiable instrument under the Negotiable Instruments Law; (b) whether installment payments and the acceleration clause affect negotiability; and (c) what remedies the holder may pu...

Question Remedial Law, Legal and Judicial Ethics, with Practical Exercises | Promissory Note or Simple Loan Agreement | MULTIPLE_CHOICE Medium

On 15 March 2026, Metro Finance, or order, signs a promissory note payable to Coastal Bank, or order, for ₱1,250,000,...

...ning: (a) whether the instrument is a negotiable instrument under the Negotiable Instruments Law; (b) whether installment payments and the acceleration clause affect negotiability; and (c) what remedies the holder may pu...

Question Remedial Law, Legal and Judicial Ethics, with Practical Exercises | Promissory Note or Simple Loan Agreement | MULTIPLE_CHOICE Medium

On 18 January 2026, Nestor Valdez signs a promissory note payable to Orion Bank, or order, for ₱1,000,000, bearing in...

...ning: (a) whether the instrument is a negotiable instrument under the Negotiable Instruments Law; (b) whether installment payments and the acceleration clause affect negotiability; and (c) what remedies the holder may pu...

Question Remedial Law, Legal and Judicial Ethics, with Practical Exercises | Promissory Note or Simple Loan Agreement | MULTIPLE_CHOICE Medium

On 20 January 2026, BrightTech Systems, Inc. signs a promissory note payable to SunFirst Bank, or order, for ₱1,500,0...

...porting reasoning: (a) whether the instrument is negotiable under the Negotiable Instruments Law; (b) whether installment payments and the acceleration clause affect negotiability; and (c) what remedies the holder may pu...

Question Remedial Law, Legal and Judicial Ethics, with Practical Exercises | Promissory Note or Simple Loan Agreement | MULTIPLE_CHOICE Medium

On 28 April 2026, Polaris Enterprises signs a promissory note payable to Orion Banking Corporation, or order, for ₱3,...

...ning: (a) whether the instrument is a negotiable instrument under the Negotiable Instruments Law; (b) whether installment payments and the acceleration clause affect negotiability; and (c) what remedies the holder may pu...

Question Remedial Law, Legal and Judicial Ethics, with Practical Exercises | Promissory Note or Simple Loan Agreement | MULTIPLE_CHOICE Medium

On 3 February 2026, LCC Development Corp signs a promissory note payable to Horizon Bank, or order, for ₱1,650,000 at...

...ning: (a) whether the instrument is a negotiable instrument under the Negotiable Instruments Law; (b) whether installment payments and the acceleration clause affect negotiability; and (c) what remedies the holder may pu...

Question Remedial Law, Legal and Judicial Ethics, with Practical Exercises | Promissory Note or Simple Loan Agreement | MULTIPLE_CHOICE Medium

On 5 March 2026, Meridian Bank, or order, lends ₱1,250,000 to Delta Tech, Inc., at 9.75% per annum. The loan is to be...

...ning: (a) whether the instrument is a negotiable instrument under the Negotiable Instruments Law; (b) whether installment payments and the acceleration clause affect negotiability; and (c) what remedies the holder may pu...

Question Remedial Law, Legal and Judicial Ethics, with Practical Exercises | Promissory Note or Simple Loan Agreement | MULTIPLE_CHOICE Medium

On 9 January 2026, Delta Holdings signs a promissory note payable to Zenith Bank, or order, for ₱2,000,000, bearing i...

...ning: (a) whether the instrument is a negotiable instrument under the Negotiable Instruments Law; (b) whether installment payments and the acceleration clause affect negotiability; and (c) what remedies the holder may pu...

Question Remedial Law, Legal and Judicial Ethics, with Practical Exercises | Concept | MULTIPLE_CHOICE Medium

Facts: A resident of City Alpha robs a private bank located in City Beta by entering the bank and taking cash and neg...

...te bank located in City Beta by entering the bank and taking cash and negotiable instruments valued at 1,000,000 pesos at 12:15 p.m. on a Monday. He flees toward City Gamma by air and is arrested in City Delta four days...

Question Labor and Social Legislation | Mandatory Provisions | MULTIPLE_CHOICE Medium

NovaTech Electronics, Inc. signs a two-year collective bargaining agreement with the NovaTech Workers Union covering...

...er Philippine law for CBAs; (2) Distinguish mandatory provisions from negotiable terms; (3) Apply the rule to clause (c) and state its validity as to wage provisions and any effect on the rest. Correct choice: The best a...

Citations: John Gokongwei, Jr. v. SEC (178 Phil. 266) - Supreme Court E-Library: https://elibrary.judiciary.gov.ph/assets/dtSearch/dtSearch_system_files/dtisapi6.dll?cmd=getdoc&stgd=yes&DocId=25355&request=special%20fact%20doctrine%20inside%20information%20directors%20stockholders%20capital&index=%2a4aeb4dbdcceeda9b59b85ae3fb22cec0&searchFlags=1249280&autoStopLimit=0&fuzziness=3&SearchForm=

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