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Petitioner Limketkai sons milling, Inc. Vs. COURT of APPEALS, BANK OF THE PHILIPPINE ISLANDS and NATIONAL BOOK STORE. Trial court ruled that there was a perfected contract of sale between petitioner and BPI. Court of Appeals held that no contract of sale was perfected because there was no concurrence of the three requisites enumerated in Article 1318 of the civil code.
Petitioner Limketkai sons milling, Inc. Vs. COURT of APPEALS, BANK OF THE PHILIPPINE ISLANDS and NATIONAL BOOK STORE. Trial court ruled that there was a perfected contract of sale between pe…