Life insurance provides protection against economic loss by enabling the policy owner to share the loss with others exposed to similar risk. It is a financial tool designed to protect individuals against…
Sun MaxiLink 100
Sun MaxiLink is the latest VUL or investment-linked insurance plan of Sun Life. Its distinct feature is that it can cover you until age 100. (Maxilink Prime and Flexi are until age…
Stare decisis
that once a question of law has been examined and decided, it should be deemed settled and closed to further argument. – Virtucio vs. Alegarbes
Question of Fact
There is a question of fact when the doubt or difference arises as to the truth or falsehood of facts or when the query invites calibration of the whole evidence considering mainly…
Legal Standing or Locus Standi
A personal stake in the outcome of the controversy which: Assures the concrete adverseness Sharoens the presentation of the issues Illuminates the court for difficult constitutional questions (Memory aid: concrete sharp bulb)…
Unrestricted Retained Earnings (URE)
Unrestricted Retained Earnings (URE) are the accumulated profits and gains realized out of the normal and continuous operations of the company after deducting therefrom the distributions of stockholders (legal capital) and transfers…
Republic vs. Heirs of Sin Digest
Facts Maxima Sin was the owner of 5.8 ha land in Tambac, New Washington, Aklan. After she died, respondents claim that they are lawful heirs of the late Maxima Sin. In 1991,…
Law and Religion
A law must have an articulable and discernible secular purpose and justification to pass the scrutiny of the religion clauses. – Justice Del Castillo in Ang Ladlad vs COMELEC
Respect
One unavoidable consequence of everyone having the freedom to choose is that others may make different choices – choices we would not make for ourselves, choices we may disapprove of, even choices…
Children
“The child is one of the most important assets of the nation. It is thus important we be careful in rearing the children even so if they are illegitimates, as in this…