Blog Posts on mercantile law

Commercial Law MCQs by Uber Digests on Apr 8, 2012  This is Set A of the 2011 Bar Exams on Commercial Law. There are 100 questions in all. The answers are bolded.   1. P rode a Sentinel Liner bus going to Baguio from Manila. At a stop-over in Tarlac, the bus driver, the conductor, and the...

CIR vs LINCOLN PHILIPPINE LIFE INSURANCE by Case Digests on Mar 20, 2012Read case digest here.  Republic of the Philippines SUPREME COURT Manila FIRST DIVISION G.R. No. 119176                      2002 March 19 COMMISSIONER OF INTERNAL REVENUE, petitioner, vs. LINCOLN PHILIPPINE LIFE INSURANCE COMPA...

MAYER STEEL vs CA by Case Digests on Mar 20, 2012Read case digest here.  Republic of the Philippines SUPREME COURT Manila SECOND DIVISION G.R. No. 124050                      1997 June 19 MAYER STEEL PIPE CORPORATION and HONGKONG GOVERNMENT SUPPLIES DEPARTMENT, petitioners, vs...

Mayer Steel Pipe Corporation vs Court of Appeals by Uber Digests on Mar 20, 2012Insurance Law – The Policy – Prescription of Filing of Insurance Cases  In 1983, Hongkong Government Supplies Department (HGSD) contracted Mayer Steel Pipe Corporation for the latter to manufacture and deliver various steel pipes and fitting...

Pacific Timber Export Corporation vs Court of Appeals by Uber Digests on Mar 20, 2012Insurance Law – The Policy – Separate Premiums Not Required for Cover Notes  In 1963, Pacific Timber Export Corporation (PTEC) applied for a temporary marine insurance from Workmen’s Insurance Company (WIC) in order for the latter to insur...

LAMPANO vs JOSE by Case Digests on Mar 20, 2012Read case digest here.  Republic of the Philippines SUPREME COURT Manila EN BANC  G.R. No. 9401             1915 March 30 ANTONINA LAMPANO, plaintiff-appellee, vs. PLACIDA A. JOSE ET AL., defendants-appellants. D E C I S I O N TRENT, J.

Antonina Lampano vs Placida Jose by Uber Digests on Mar 20, 2012Insurance Law – The Policy – Insurance as a Contract between Insurer and Insured Only  In 1912, Placida Jose contracted Mariano Barreto for the construction of a house worth P6,000.00. While the house is under construction, Barreto, with the...

FILIPINO MERCHANTS vs ALEJANDRO by Case Digests on Mar 20, 2012Read case digest here.  Republic of the Philippines SUPREME COURT Manila SECOND DIVISION  G.R. No. L-54140        1986 October 14 FILIPINO MERCHANTS INSURANCE COMPANY, INC., petitioner, vs. HONORABLE JOSE ALEJANDRO, Presiding Judge of Branch...

PACIFIC TIMBER vs CA by Case Digests on Mar 20, 2012Read case digest here.  Republic of the Philippines SUPREME COURT Manila FIRST DIVISION G.R. No. L-38613                     1982 February 25 PACIFIC TIMBER EXPORT CORPORATION, petitioner, vs. THE HONORABLE COURT OF APPEALS and W...

Commissioner of Internal Revenue vs Lincoln Philippine Life Insurance Company, Inc. by Uber Digests on Mar 20, 2012Insurance Law – The Policy – Automatic Increase in the Coverage – Documentary Stamp Tax Prior to 1984, Lincoln Philippine Life Insurance Company, Inc. (now called Jardine-CMA Life Insurance Company, Inc.) used to issue policies called ̶...