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Safety Deposit Box Liability in the Philippines by sophia is a document available to read on EtoBox.

This Supreme Court case discusses the contractual relationship between a commercial bank and another party regarding the contents of a rented safety deposit box. Specifically, the case analyzes whether the relationship is one of bailor-bailee or lessor-lessee. The Court concludes that while the rental of a safety deposit box is not strictly an ordinary lease contract, the prevailing rule in the Philippines is that the relationship between the bank and the renter regarding the contents of the box is one of b

Author
sophia
Language
EN