Practice question
A claimant invokes only the general presumption that everyone acts in good faith and offers no proof of the asserted purchaser-for-value defense. Which is correct?
- The phrase automatically proves price, timing and lack of notice.
- No purchaser ever has to establish value.
- Every registered transaction is necessarily innocent.
- Only the plaintiff's age matters.
- The ordinary presumption alone does not discharge the special defense burden.
Legal references
- PD1529 Sections31-34 and44: https://lawphil.net/statutes/presdecs/pd1978/pd_1529_1978.html
- Magsano v. Pangasinan Savings and Loan Bank, G.R.215038, October17,2016, MAIN: https://lawphil.net/judjuris/juri2016/oct2016/gr_215038_2016.html
- Duenas v. Metrobank, G.R.209463, November29,2022, EN BANC MAIN, good faith through registration: https://lawphil.net/judjuris/juri2022/nov2022/gr_209463_2022.html
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