Practice question
Explain why the ordinary bank-deposit debtor-creditor relationship makes mutuality relevant to setoff but does not automatically establish every legal-compensation requisite.
Legal references
- Civil Code, Articles 1278-1279, 1290, 1953 and 1980: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
- Areza v. Express Savings Bank, G.R. No. 176697, September 10, 2014, main decision: https://lawphil.net/judjuris/juri2014/sep2014/gr_176697_2014.html
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