Practice question
Explain the significance of account monitoring in Philippine Bank of Commerce without treating the customer’s omission as a complete defense to the bank’s negligence.
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
Answer this question in flashcards to review your response and continue practicing.