The Usury Law has been lifted by CB Circular 905, so technically there is no more such thing as usurious interest by virtue of the Usury Law, but because of Civil Code…
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Category: Topics
Maritime Zones under UNCLOS
The different maritime zones can be defined by first determining the baseline. The baseline is the low-water line or low-tide elevation along the coast which includes its islands at the highest tide…
Bailee
a bailee is a person who receives a non-consumable thing for the purpose of using it for a certain period of time and with the obligation of returning it. If there are…
Commodatum
Commodatum is when one party (bailor) delivers a thing to another (bailee) so that the latter may use the same for a certain time and return the same. (Article 1933 New Civil…
Bailor
is the person who delivers a non-consumable thing for the use of a bailee in a certain period of time without compensation for its use. (Art. 1935 of New Civil Code) The…
Collation
Meaning of Collation Collation is the process of adding value to the heredity mass of net estate the value of things or rights disposed of by the decedent during his lifetime by…
Essay on Law School Entrance
What would you consider as the top three Christian values that the Filipinos have shown during this crisis? Crises reveal character. If there’s a notable event that comes out of the furnace…
Jurisdiction and its Types
Means “the power to hear and decide cases” (Herrera vs. Barreto) and execute judgment thereon (Echegaray vs. Sec. of Justice) “The authority to resolve cases, and determine the rights and obligations of…
Adoption
The primary legal source for domestic adoption in the Philippines is RA 8552. Its short name is Domestic Adoption Act of 1998 and its complete name is AN ACT ESTABLISHING THE RULES…
Capital Gains Tax
Capital Gains Tax meaning is the final tax assessed on the presumed gain derived by citizens and resident aliens, as well as estates and trusts, from the sale of or exchange of…
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