Philippine Bar review · Question

Practice question: Diligence Required of Banks

Essay Medium

Practice question

Apply the bank diligence standard to an erroneous premature debit of a postdated check that causes wrongful dishonor of other checks.

Legal references

  • https://lawphil.net/statutes/repacts/ra2000/ra_8791_2000.html — RA 8791, section 2
  • https://lawphil.net/judjuris/juri2010/aug2010/gr_165339_2010.html — Equitable PCI Bank v. Tan, G.R. No. 165339, August 23, 2010, main opinion

Answer this question in flashcards to review your response and continue practicing.