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Questions and Answers
What format should be used for font color in the document?
Black
What font style is required for the document?
Times New Roman
The size of the font should be ___.
11
Which of the following actions is prohibited regarding text formatting?
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AI tools such as ChatGPT are permitted for use in creating digests.
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What is the due date for the 1st submission of the draft?
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What happens if a student fails to revise their digest?
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Who are the respondents in the case BPI Investment Corp. v CA?
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What is the case citation for BPI Investment Corp. v CA?
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What promise is binding upon parties in a loan contract?
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Study Notes
Credit Transactions Overview
- Semester: First Semester, School Year 2024-2025, 2JD Block 2
- Submission date for this digest pool: September 04, 2024
- Focus on strict adherence to format and rules regarding submissions
Formatting Guidelines
- Font: Times New Roman, Size 11, Color Black
- Use italicization primarily for emphasis; limit boldface and underlining
- No text highlighting; allow personal discretion for highlights
- Maintain a page break for different case digests
File Naming Conventions
- Case Digest file naming: CD-18_Republic v. Ramos-RAMOS
- For same surnames, add first name (e.g., Anna or Mariele)
- Full-text Case file naming: OC-18_Republic v. Ramos-RAMOS, following the same naming convention for same surnames
Submission Deadlines
- Tuesday 6 AM: First draft submission
- Tuesday 11:59 PM: Release of revision list
- Wednesday 9 AM: Second draft submission
- Wednesday 11 AM: Access restriction to files
- Wednesday 12 PM: Final submission to Atty. Agustin
Compliance and Regulations
- Strict adherence to deadlines
- Proper grammar, punctuation, and spelling required
- Prohibition of AI tools for digest creation; no plagiarism
- Paraphrasing is necessary when in doubt about originality
- Adherence to formatting is crucial; a 2-strike rule for non-compliance applies
Case Highlight: BPI Investment Corp. v. CA (GR No. 133632)
- Petitioner: BPI Investment Corporation
- Respondents: Court of Appeals and ALS Management & Development Corporation
- Key Legal Principle: Article 1934 establishes that a promise to deliver under a commodatum is binding only upon the actual delivery of the loan object
- Doctrine: Loan contracts are real contracts, perfected by delivery, not merely by consent
- Case Summary:
- Roa obtained a loan secured by mortgage on a property, later sold to ALS and Litonjua.
- An additional loan of P500,000 was agreed upon for remaining mortgage, with payments structured for amortization.
- On September 13, 1982, BPI Investment Corporation claimed loan repayment issues, leading to foreclosure proceedings.
- Both the RTC and CA ruled in favor of private respondents, upheld by the Supreme Court.
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Description
This quiz focuses on the essential concepts and regulations surrounding credit transactions as covered in the first semester of the academic year 2024-2025. Tailored for law students at Pamantasan ng Lungsod ng Maynila, it will help solidify your understanding ahead of practical applications. Prepare yourself for the discussions and cases to come in your legal studies.
