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Showing 1–3 of 3 articles for “sales transactions”

Enforcing Debt Obligations: Promissory Notes and Checks as Evidence in Sales Transactions

Supreme Court rules promissory notes and dishonored checks can prove a sale and enforce payment, reversing the Court of Appeals.

Interest on Overdue Accounts: Clarifying the Scope of Legal Interest and Unconscionability in Sales of Goods

The Supreme Court clarifies when legal interest applies to stipulated interest and how courts determine unconscionable rates in sales transactions.

When a Car Purchase Goes Wrong: Establishing Liability in Sales Transactions

Philippine Supreme Court ruling on when a person who receives payment and issues a receipt in a car sale can be held liable as a seller.