Practice question
A shareholder offers only a receipt issued in exchange for a check, with no satisfactory evidence that the check was paid or that the obligation was otherwise legally discharged. He argues the receipt conclusively ends the trust-fund claim. What does Halley support?
- The receipt alone need not conclusively prove full payment
- Every receipt necessarily defeats all contrary evidence
- The creditor must accept every unproved payment assertion
- No evidence about checks may be considered
- A tax invoice is automatically a bank clearance
Legal references
- Halley v. Printwell, GR157549, May30 2011, main opinion: https://lawphil.net/judjuris/juri2011/may2011/gr_157549_2011.html Payment proof and limit of unpaid-subscription recovery.
- Enano-Bote v. Alvarez, GR223572, November10 2020, main opinion: https://lawphil.net/judjuris/juri2020/nov2020/gr_223572_2020.html Recognized grounds for creditor recourse.
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