Practice question
A court expressly adopts the same 60–40 actual-damages allocation as Philippine Bank of Commerce for a proved PHP 500,000 loss. What amount of that actual loss falls on the bank defendants?
- PHP 800,000
- PHP 500,000
- PHP 200,000
- PHP 50,000
- PHP 300,000
Legal references
- Civil Code, Articles 1735, 1755-1756, 2176, 2179, 2184-2185 and 2214: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
- Philippine Bank of Commerce v. Court of Appeals, G.R. No. 97626, March 14, 1997, MAIN decision: https://lawphil.net/judjuris/juri1997/mar1997/gr_97626_1997.html
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