Week 02:

Topic Law1 Cases2

Chapter I Requisites of
Negotiability
G. Parties Must be Designated with
Certainty
1. Maker and Drawer
2. Payee Sec. 8 NIL
3. Drawee Secs. 128,
130 NIL
H. Provisions Not Affecting Sec. 5 NIL 1. Phil. National Bank v. Manila Oil Refining & By Products
Negotiability Co., 43 Phil. 444 (1922)
I. Omissions Not Affecting Sec. 6 NIL
Negotiability
J. Rules of Construction Sec. 17 NIL 2. Republic Planters Bank v. Court of Appeals, 216 SCRA 738
(1992)
3. Astro Electronics Corp. v. Phil Export & Foreign Loan
Guarantee Corp., G.R. No. 136279, Sept 23, 2003
4. Philippine National Bank v. Concepcion Mining, 115 Phil.
732
5. People v. Romero, 306 SCRA 90
Chapter II Transfer
A. Delivery and Issuance Sec. 16 NIL 6. People v. Yabut, 76 SCRA 624 (1977)
7. Manuel Lim v. Court of Appeals, 251 SCRA 408 (1995)
8. People v. Grospe, 157 SCRA 154
9. Dela Victoria v. Burgos, 245 SCRA 736
10. Development Bank of Rizal v. Sima Wei, 219 SCRA 736
11. San Miguel Corporation v. Puzon, Jr., 631 SCRA 48
B. Negotiation Secs. 30, 191 12. Sesbreño v. Court of Appeals, 222 SCRA 466 (1993)
NIL 13. Capital Insurance & Surety Co., Inc. v. Plastic Era Co., Inc.
65 SCRA 134 (1975)
14. Vicente V. de Ocampo & Co. v. Gatchalian, 3 SCRA 596
(1961)
15. Moran v. Court of Appeals, 230 SCRA 799 (1994)
16. Caltex v. Court of Appeals, 212 SCRA 448
Manuel Lim v. Court of Appeals, 251 SCRA 408
C. Methods of Negotiation
D. How Indorsement Made
1. By Signature on Instrument or Sec. 31 NIL 17. Clark v. Thompson, et. al., 194 Ala. 504, 69 So. 925 (1915)
on Allonge
2. In Case of Joint Payees
3. If Name Misspelled Sec. 43 NIL 18. Young v. Hembree, 181 Okl. 202, 73 P. 2d 393 (1937)
E. Indorsement Must be of Entire Sec. 32 NIL 19. Montinola v. The Philippine National Bank, 88 Phil. 178
Instrument (1915)
20. Blake v. Weiden, 291 N.Y. 134, 51 N.E. 2d 667, A.L.R.
1050 (1943)
F. Kinds of Indorsements Sec. 33 NIL
1. Basis of Classification
2. Special Indorsement & Blank Secs. 34, 40,
Indorsement 35 NIL
3. Qualified Indorsement Sec. 38 NIL 21. Fay v. Witte, 262 N.Y. 215, 186 N.E. 678 (1933)
22. Metropol v. Sambok Motors Co., 120 SCRA 864

1
Quizzes / Long Exams are given every meeting. The coverage for all weekly quizzes, long exams, mid-term exam, and final exam is cumulative
(starting from and including all subject matter listed in the course outline for the first [1st] week of class until the current week). The mid-term exam and
final exam have the same weight as a weekly exam. Method of Correcting / Scoring for Exams: Right Answers Minus Wrong Answers.
2
Hand-written case digests (on yellow sheets / yellow pad) of cases assigned for the week are required to be submitted every week.
1
 4. Conditional Indorsement Sec. 39 NIL
5. Restrictive Indorsement Secs. 36, 37 23. Gempesaw v. Court of Appeals, 218 SCRA 682 (1993)
NIL
G. Indorsement to or by Collecting 24. Leonardi v. Chase National Bank of the City of New York,
Bank 363 App. Div. 552, 33 N.Y.S. 2d. 706 (1942)
H. Negotiation by Joint or Sec. 41 NIL 25. Metropolitan Bank and Trust Co. v. BA Finance, 607 SCRA
Alternative Payees or Indorsees 620 (2009)
I. Unindorsed Instruments Sec. 49 NIL 26. Furbee v. Furbee, 17 W. Va. 722, 188 S.E. 123 (1936)
27. Bank of the Philippine Islands v. Court of Appeals, 512
SCRA 620
J. Cancellation of Indorsements Sec. 48 NIL
K. Indorsement by Agent Sec. 44 NIL
L. Presumption as to Indorsements Secs. 45, 46,
42 NIL
M. Continuation of Negotiable Sec. 47 NIL
Character
Rules of
ATTORNEY’S OATH Court (RoC),
(included in all weekly quizzes, mid- Appendix:
term exam, and final exam) Legal and
Judicial
Forms, Form
28 Attorney’s
Oath.

Lawyer's Oath

I, ______ do solemnly swear that I will maintain allegiance to the Republic of the Philippines,
I will support the Constitution and obey the laws as well as the legal orders of the duly constituted
authorities therein;
I will do no falsehood, nor consent to the doing of any in court;
I will not wittingly or willingly promote or sue any groundless, false or unlawful suit, or give aid nor
consent to the same;
I will delay no man for money or malice, and will conduct myself as a lawyer according to the best of
my knowledge and discretion, with all good fidelity as well to the courts as to my clients;
and I impose upon myself these voluntary obligations without any mental reservation or purpose of
evasion.
So help me God.