Can I read Supreme Court Ruling on Rivera v. Chua on EtoBox?
Supreme Court Ruling on Rivera v. Chua by Larraine Fallong is a document available to read on EtoBox.
What is Supreme Court Ruling on Rivera v. Chua about?
1. Rivera obtained a loan from the Spouses Chua evidenced by a Promissory Note that stated a payment deadline of December 31, 1995 and 5% monthly interest from the date of default until full payment. Rivera failed to pay by the deadline. 2. The Supreme Court ruled that the Promissory Note was not a negotiable instrument under the Negotiable Instruments Law. It still obligated Rivera to pay under the Civil Code even without a demand for payment from the Spouses Chua. 3. The Court determined that the 5% mo
- Author
- Larraine Fallong
- Language
- EN