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The Supreme Court ruled that Filipinas Life Assurance Company is liable for the acts of its agents beyond the scope of their authority in this case. Respondents Pedroso and Palacio had invested money in a promotional investment program after being told they could do so by Filipinas Life agents Valle, Alcantara, and Apetrior. When respondents tried to withdraw their money, Filipinas Life denied the request. While Valle may have exceeded his authority, Filipinas Life ratified his actions through Alcantara and

Author

Vian O.

Language

EN