"The 'credit' of an individual means his ability to borrow money by virtue of the confidence or trust reposed by a lender that he will pay what he may promise."
Justice George A. Malcolm, People v. Concepcion, 44 Phil. 126 (1922).

11.08.2011

Loan

The Concept of Loan
A.  General Concepts
Art. 1933, Art. 1305
1.  Obligation to Deliver
Art. 1934
Garcia v. Thio, G.R. No. 154878, March 16, 2007, 518 SCRA 433.
2. Object of a Loan
Art. 1933, Art. 418
3.  Consideration of a Loan
Art. 1933
4.  Obligation to Return or Pay
Art. 1933, Art. 1232, Art. 1233
B.  Contract To Loan
Art. 1934
Saura Import and Export Co. Inc. v. Development Bank of the Philippines, G.R. No. L-24968, April 27, 1972, 44 SCRA 445.
BPI Investment Corporation v. Court of Appeals and ALS Management & Development Corporation, G.R. No. 133632, February 15, 2002, 377 SCRA 117.
Pantaleon v. American Express International, Inc., G.R. No. 174269, August 25, 2010, 629 SCRA 276.

No comments: