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PNB v CA: Interest Rate Dispute Ruling by KWINNY is a document available to read on EtoBox.

What is PNB v CA: Interest Rate Dispute Ruling about?

In the case of PNB v. Remedios and Amado, the court ruled that PNB could not unilaterally increase the interest rate on a loan without mutual consent, emphasizing the necessity of agreement in contract modifications. In Marylou Tolentino vs. CA, the court upheld the validity of a contract of adhesion, stating that such contracts are binding unless proven to have been signed under duress or fraud. Lastly, in Gabriel vs. Monte de Piedad, the court found a chattel mortgage valid, asserting that it did not cont

Author

KWINNY

Language

EN