Bongbong issued a check payable to the order of Leni or bearer worth P 10,000,000. Leni specially indorsed and delivered the same to Leody who subsequently negotiated it to Ping by delivery.

(a) May Ping specially indorse the same to Isko?

(b) Is the instrument in the hand of Ping an order or bearer instrument?

 

Question
Tito issued a promissory note (PN) in favor of Sarah worth P 100,000. While riding a habal-habal from home to work, the promissory note fell off his bag. Mr. Willie saw the  PN lying on the road and indorsed the same to Lito as payment for his debt. Lito went to Sarah and presented the PN for payment.

(a) Is Sarah obliged to pay Lito?

(b) What defense, if any, may Sarah use against Lito?

 

Question
A libel case was filed against him by Chiz on February 20, 2022. This case gained hype and controversy among netizens since Raffy is a high-profile celebrity. Mr. Bangkero who works for ABC Bank went out with friends and got drunk. Before he lost consciousness, he was able to divulge to all his friends that Raffy has a total deposit of P 101,000,000 at ABC Bank.

The next day, Alan, a friend of Mr. Bangkero also shared to another colleague, Robin, what he learned from Mr. Bangkero. Robin who happens to be a friend of Raffy immediately informed the latter that Mr. Bangkero divulged his bank account details to a lot of people.

(a) May Raffy file a case against Mr. Bangkero for violation of the Bank Secrecy Law? Explain.

(b) May Raffy file a case against Alan for violation of the Bank Secrecy Law? Explain.