credit trans 1
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QUINTOS V. BECK COMMODATUM; OWNERSHIP OF THING
A contract o co!!o"at#! $a% con%t&t#t'" ('t$''n t)' *art&'% &n+o,+&n- c'rta&n
#rn&t#r' non con%#!a(,'/ (',on-&n- to t)' *,a&nt&0 or #%' (1 t)' "''n"ant. T)&%
contract $a% %#(2'ct to t)' con"&t&on t)at t)' t)&n-% ,oan'" !#%t (' r't#rn'" to t)'
*,a&nt&0 on )'r "'!an". W)'n %a&" "'!an" $a% !a"'3 "''n"ant r'%*on"'" (1
&nor!&n- *,a&nt&0 t)at t)' %a&" #rn&t#r' !a1 (' -ott'n ro! t)' )o#%'3 )' !a"' no'0ort% to "',&+'r a,, o &t to t)' *,a&nt&0. A% a r'%#,t3 *,a&nt&0 r'#%'" to -'t t)'
t)&n-% %#(2'ct o t)' ,oan ro! t)' )o#%'. D''n"ant t)'n "'*o%&t'" t)' &t'!% $&t)
t)' S)'r&0.
In a contract o co!!o"at#!3 "o'% "'*o%&t&n- o t)' t)&n- ,oan'" &n co#rt
'4t&n-#&%) t)' o(,&-at&on on t)' *art o t)' (a&,'' to '4'c#t' &t% r't#rn (1 "',&+'r1
to t)' (a&,or5
NO.
6/ T)&% $a% a contract o co!!o"at#! Grat#&to#%3 o$n'r%)&* r'ta&n'"3
o(,&-at&on to "',&+'r t)' +'r1 t)&n- ,oan'" at'r '4*&r1 o *'r&o" %t&*#,at'""'!an" (1 *,a&nt&0/
7/ In a contract o co!!o"at#!3 o$n'r%)&* &% r'%'r+'" &n t)' (a&,or *,a&nt&0/8/ S&nc' o$n'r%)&* o t)' t)&n-9% "o'% not *a%% to (a&,''3 )' &% not 'nt&t,'" to
*,ac' t)' t)&n- on "'*o%&t:/ In t)' &n%tant ca%'3 t)' con"&t&on $a% r't#rn #*on "'!an" (1 t)' *,a&nt&03
t)' "''n"ant3 a% (a&,''3 &n a&,&n- to '4'c#t' t)' r't#rn o t)' t)&n- ,oan'"
#*on *,a&nt&0% "'!an"3 cannot r'%ort to "'*o%&t&n- t)' t)&n- &n co#rt &n
or"'r to (' r''" ro! )&% o(,&-at&on. H' !#%t "',&+'r a,, o t)' #rn&t#r' to
t)' *,a&nt&0% r'%&"'nc' or )o#%'; !'r',1 *,ac&n- t)'! at t)' *,a&nt&0%
"&%*o%a, an" r'ta&n&n- or )&% ('n'
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S&nc' contract &% &n t)' nat#r' o a ,'a%'3 ,&a(&,&t1 attac)'% to "''n"ant a%
*o%%'%%or &n (a" a&t)3 )a+&n- '*t t)' t)&n- at'r t)' '4*&r1 o t)' contract.
In a contract o co!!o"at#!3 "o'% ,&a(&,&t1 or ,o%% ca#%'" (1 t)' occ#rr'nc' o a
ort#&to#% '+'nt attac) to t)' (a&,''5
NO.
6/ GR Ba&,or r'ta&n% o$n'r%)&* o t)' t)&n- ,oan'" an" ('ar% ,o%% ca#%'" (1 FE.7/ EC 6:73 )o$'+'r3 *ro+&"'% t)at $)'n t)' t)&n- ,oan'" &% '*t ('1on" t)'
*'r&o" a-r''" #*on3 or t)&n- $a% "',&+'r'" $&t) a**ra&%a, +a,#' #n,'%% &t $a%
%t&*#,at'" t)at "''n"ant $a% '4'!*t ro! ,&a(&,&t1 or FE no %t&*#,at&on to
t)&% '0'ct &n t)' ca%'/3 'tc.3 (a&,'' &% ,&a(,' or ,o%% "#' to FE.
SAURA IMPORT V. DBP
P't&t&on'r a**,&'" or a ,oan o P@@3@@@ $&t) r'%*on"'nt (an. T)' ,att'r a**ro+'"
t)' a**,&cat&on t)ro#-) a (oar" r'%o,#t&on. T)'r'at'r3 t)' corr'%*on"&n- !ort-a-'
$a% '4'c#t'" an" r'-&%t'r'". Ho$'+'r3 ('ca#%' o act% attr&(#ta(,' to *'t&t&on'r3
t)' ,oan $a% not r','a%'". >at'r3 *'t&t&on'r &n%t&t#t'" an act&on or "a!a-'%.
W)'t)'r !'r' o0'r an" acc'*tanc' &% %#=c&'nt to *'r'ct a contract o ,oan.
NO.
6/ 68: %tat'% t)at "',&+'r1 o t)' t)&n- ,oan'" &% n'c'%%ar1 o t)' *'r'ct&on o
a contract o ,oan a% &t &% a r'a, contract. T)' art&c,'3 )o$'+'r3 *ro+&"'% t)at
an acc'*t'" *ro!&%' to "',&+'r a t)&n- (1 $a1 o ,oan &% (&n"&n- #*on t)'
*art&'%. H'nc'3 $)&,' a ,oan contract $&t)o#t "',&+'r1 $&,, not -&+' r&%' to t)'
o(,&-at&on o t)' (orro$'r to r't#rn t)' t)&n- ,oan'"3 &t can -&+' r&%' to an
act&on or "a!a-'%.
7/ Ho$'+'r3 %&nc' t)' a#,t $a% attr&(#ta(,' to *'t&t&on'r t)'r'&n3 t)' co#rt "&"not a$ar" "a!a-'%.
CIR V. BURROUGHS >TD.
P,a&nt&0 o+'rc)ar-'" "''n"ant or "'
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Do'% a %t&*#,at&on &n a contract o %&!*,' ,oan or !#t##! a% to t)' "at' t)at
*a1!'nt% %)a,, ('-&n (&n" t)' (orro$'r '+'n $)'n t)'r' )a% 1't (''n a "',&+'r1
'0'ct'" (1 t)' ,'n"'r5
P,a&nt&0 '4t'n"'" a ,oan to *r&+at' r'%*on"'nt% an" t)' ,att'r '4'c#t'" a !ort-a-'
on t)'&r *ro*'rt1 *#r%#ant t)'r'to. T)' !ort-a-' contract conta&n'" a %t&*#,at&on
t)at a!ort&Jat&on *a1!'nt% $'r' to ('-&n on Ma1 63 66. T)' act#a, ,oan $a%3)o$'+'r3 r','a%'" on S'*t'!('r 683 67. B'ca#%' o *r&+at' r'%*on"'nt%L a&,#r'
to *a1 t)' !ont),1 a!ort&Jat&on ('-&nn&n- Ma1 63 663 *,a&nt&0 '4tra2#"&c&a,,1
or'c,o%'" t)' *ro*'rt1.
NO.
6/ A ,oan contract &% not a con%'n%#a, contract (#t a r'a, contract. It &%
*'r'ct'" on,1 #*on t)' "',&+'r1 o t)' o(2'ct o t)' contract.
In t)' &n%tant ca%'3 %&nc' t)' act#a, ,oan $a% r','a%'" to t)' *r&+at'
r'%*on"'nt% on S'*t'!('r 683 673 &t &% on,1 "#r&n- t)&% t&!' t)at t)'r'
'4&%t'" a r'a, contract o ,oan $)'r'&n (orro$'r% o(,&-at&on to *a1 ('ca!'"'!an"a(,'.
7/ A ,oan &% a r'c&*roca, o(,&-at&on $)'r'&n t)' o(,&-at&on or *ro!&%' o 'ac)
*art1 &% t)' con%&"'rat&on or t)at o t)' ot)'r.
T)' *ro!&%' o *,a&nt&0 to '4t'n" an" "',&+'r t)' ,oan &% #*on t)'
con%&"'rat&on t)at *r&+at' r'%*on"'nt% %)a,, *a1 t)' !ont),1 a!ort&Jat&on
co!!'nc&n- on Ma1 63 663 on' !ont) at'r t)' %#**o%'" r','a%' o t)'
,oan.8/ It &% a (a%&c *r&nc&*,' &n r'c&*roca, o(,&-at&on% t)at &t &% on,1 $)'n a *art1
)a% *'ror!'" )&% *art o t)' contract can )' "'!an" t)at t)' ot)'r *art1a,%o #,
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&%%#'" %'+'ra, c)'c% or an a!o#nt con%t&t#t&n- t)' *r&nc&*,' *,#% &nt'r'%t &nc#rr'"
a!o#nt "'*o%&t'" &n PR% a+or to %'tt,' t)' ,oan )o$'+'r a,, $'r' "&%)onor'".
Can a co!!o"at#! '4&%t '+'n $)'n t)' %#(2'ct !att'r o a ,oan &% a con%#!a(,'
t)&n-5
?ES.
6/ Art&c,' 68 o t)' CC *ro+&"'% t)at con%#!a(,' -oo"% !a1 +'r1 $',, (' t)'
%#(2'ct !att'r o a co!!o"at#! & ,oan'" on,1 or *#r*o%'% ot)'r t)an
con%#!*t&on ,&' or '4)&(&t&on on,1.
T)#% $)'n t)' &nt'nt&on o t)' *art&'% &% to ,'n" con%#!a(,' -oo"% an" to
)a+' t)' +'r1 %a!' -oo"% r't#rn'" at t)' 'n" o t)' *'r&o" a-r''" #*on3 t)'
,oan &% a co!!o"at#! an" not a !#t##!.
7/ T)' r#,' &% t)at t)' &nt'nt&on o t)' *art&'% t)'r'to %)a,, (' accor"'"
*r&!or"&a, con%&"'rat&on &n "'t'r!&n&n- t)' act#a, c)aract'r o a contract. In
ca%' o "o#(t3 t)' cont'!*oran'o#% an" %#(%'#'nt act% o t)' *art&'% %)a,,(' con%&"'r'" &n %#c) "'t'r!&nat&on.
'+&"'nc' %)o$% t)at *r&+at' r'%*on"'nt a-r''" to "'*o%&t )&% !on'1 &n t)'
%a+&n-% acco#nt o St'r',a %*'c&
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PAU?O VS. CA
P't&t&on'r '4'c#t'" a Ka%#n"#an $&t) *r&+at' r'%*on"'nt3 a,,o$&n- t)' ,att'r to ,&+'
&n )&% )o#%' or r'' *ro+&"'" t)at PR !a&nta&n% t)' c,'an,&n'%% an" or"'r,&n'%% o
t)' )o#%'. PR *ro!&%'" )' $o#," +o,#ntar&,1 +acat' t)' *r'!&%'% on *'t&t&on'r%
"'!an". Ho$'+'r3 #*on *'t&t&on'r% "'!an"3 PR r'#%'" to +acat' t)' )o#%'. T)&%
*ro!*t'" t)' &n%t&t#t&on o '2'ct!'nt *roc''"&n-% a-a&n%t PR. In )&% An%$'r3 PRc,a&!'" t)at P't&t&on'r )a" no +a,&" t&t,' or r&-)t o *o%%'%%&on o+'r t)' ,ot $)'r'
t)' )o#%' %tan"% ('ca#%' &t &% $&t)&n t)' ar'a %'t a%&"' (1 Proc,a!at&on No. 68 or
%oc&a,&J'" )o#%&n-.
I%%#' W)'t)'r t)' a(%'nc' o a *r&c' c'rta&n &% %#=c&'nt or a ,oan to ('
con%&"'r'" a co!!o"at#!
Do'% a co!!o"at#! '4&%t $)'n a t)&n- &% ,oan'" to anot)'r or r'' (#t $&t) an
o(,&-at&on to !a&nta&n &t &n -oo" con"&t&on5
RU>ING
NO.
6/ 68: An '%%'nt&a, 'at#r' o t)' co!!o"at#! &% t)at &t &% -rat#&to#%. -&+'n
$&t)o#t '4c)an-' $)at%o'+'r/T)' acco!!o"at&on accor"'" (1 A to B $a% not '%%'nt&a,,1 -rat#&to#%.
W)&,' t)' Ka%#n"#an "&" not r'#&r' G#'+arra to *a1 r'nt3 &t o(,&-at'" )&! to
!a&nta&n t)' *ro*'rt1 &n -oo" con"&t&on. T)' &!*o%&t&on o t)&% o(,&-at&on
!a'% t)' Ka%#n"#an a contract "&0'r'nt ro! a co!!o"at#!.
7/ B'tt'r r&-)t to *)1%&ca, *o%%'%%&on r'!a&n'" $&t) A.
R',at&on%)&* (a%'" on to,'ranc' a% on' t)at &% a&n to a ,an",or"t'nant
r',at&on%)&* $)'r' t)' $&t)"ra$a, o *'r!&%%&on $o#," r'%#,t &n t)'
t'r!&nat&on o t)' ,'a%'. T)'' t'nant% $&t))o,"&n- o t)' *ro*'rt1 $o#,"
t)'n (' #n,a$#,. B3 )a+&n- con%'nt'" to t)' t'r!% o t)' a%#n"#an an"
('n'