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Ang Tiong vs. Ting & Ang: Check Liability by Wilfred Martinez is a document available to read on EtoBox.

1. The defendant Felipe Ang endorsed a check for P4,000 issued by Lorenzo Ting to "cash or bearer" and the plaintiff Ang Tiong received the check from Felipe Ang. However, the check was dishonored by the bank when presented. 2. The court held that Felipe Ang is liable as a general endorser under the Negotiable Instruments Law as his endorsement did not indicate any limitation of liability. As a general endorser, he is liable to subsequent holders such as the plaintiff. 3. Even if Felipe Ang was an accom

Author

Wilfred Martinez

Language

EN