Practice question
Both parties made errors in a financial transaction. Claimant invokes BPI solely because the defendant bank processed the transaction later. No failure of required care or causally relevant later chance is proved. Which is best?
- The analogy is incomplete; later processing alone does not establish the doctrine.
- Every later bank action imposes liability.
- BPI abolishes proof of causation.
- Any customer error immunizes the bank.
- Only the claimant’s earlier error matters.
Legal references
- BPI v. Spouses Quiaoit, G.R. No. 199562, January 16, 2019, main decision: https://lawphil.net/judjuris/juri2019/jan2019/gr_199562_2019.html
- Tiu v. Arriesgado, G.R. No. 138060, September 1, 2004, main decision: https://lawphil.net/judjuris/juri2004/sep2004/gr_138060_2004.html
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