Commercial Law
12% of the Bar.
Corporations, negotiable instruments, insurance, banking, and intellectual property.
Study material, not legal advice. Written and checked by the PhilippineLaws team to the best of our knowledge; not reviewed by a lawyer. Check every provision and case against its full text before you rely on it or cite it.
Examined in Commercial and Taxation Laws· 20% of the exam
22syllabus topics13curated cases14statutes3lessons
The syllabus
22Tap a topic to drill only that topic.
Revised Corporation CodeInsurance CodeNegotiable Instruments LawSecurities Regulation CodeIntellectual Property CodeGeneral Banking LawAnti-Money Laundering ActE-Commerce ActConsumer ActTransportation Law — Common CarriersWarehouse Receipts LawBulk Sales LawFinancial Rehabilitation and Insolvency ActData Privacy ActCompetition LawReal Estate Service ActTruth in Lending ActCooperative CodeChattel Mortgage LawPublic Service ActFinancial Products and Services Consumer Protection ActPersonal Property Security Act
Lessons
3Worked through one problem at a time.
Year 3 · Week 4Piercing the corporate veilSinara ang kumpanya para hindi magbayad. Makakatakas ba ang may-ari?Year 3 · Week 8The holder in due courseNiloko ako ng pinagbigyan ko ng tseke. Kailangan ko pa rin bang magbayad sa iba?Year 4 · Week 9Rehabilitation and the stay orderNag-file ng rehabilitation ang may utang sa amin. Hindi na ba kami makakasingil?
The cases
13Each one's doctrine, and the ruling behind it when the citation checks out.
Docket confirmed against the ruling
13- G.R. No. L-81511955· DigestCalanoc v. Court of AppealsContra Proferentem Rule
- G.R. No. L-119101958Philippine Racing Club v. BonifacioLast Clear Chance (Checks)
- G.R. No. L-318451979· DigestGreat Pacific Life Assurance Co. v. Court of AppealsBinding deposit receipt is merely conditional; concealment in life insurance
- G.R. No. 844581989· DigestAboitiz Shipping Corp. v. Court of AppealsCarrier-passenger relationship continues for a reasonable time after disembarkation; extraordinary diligence toward passengers
- G.R. No. 783251990· DigestDel Monte Corp. v. Court of AppealsTrademark infringement and unfair competition: the casual purchaser test; side-by-side comparison is not the final test
- G.R. No. 880131990· DigestSimex International (Manila), Inc. v. Court of AppealsFiduciary Duty of Banks
- G.R. No. 923831992· DigestSun Insurance Office v. Court of AppealsAccident insurance: meaning of 'accident'; negligence of the insured is not willful exposure to needless peril
- G.R. No. 1087341996· DigestConcept Builders, Inc. v. NLRCPiercing the corporate veil: the control-fraud-proximate cause (instrumentality) test
- G.R. No. 1543422004· DigestMighty Corporation v. E. & J. Gallo WineryNon-Competing Goods / Trademark
- G.R. No. 1467172004· DigestTransfield Philippines v. Luzon Hydro Corp.Independence principle in standby letters of credit; beneficiary may invoke it; fraud exception
- G.R. No. 1504032007· DigestCebu Salvage Corporation v. Philippine Home Assurance CorporationCarrier liable for cargo lost on a vessel it does not own; voyage charter is a contract of carriage
- G.R. No. 2281652021· DigestKolin Electronics Co. v. Kolin Philippines Int'lTrademark resemblance: Holistic Test abandoned, Dominancy Test governs; Nice classification abandoned as a relatedness factor
- G.R. Nos. 200070-712021· DigestTotal Office Products and Services (TOPROS), Inc. v. ChangDoctrine of corporate opportunity: guidelines for a Section 34 (now Section 33, RCC) claim
Governing statutes
14The Republic Acts filed under this subject, in full text.
- BARANGAY MICRO BUSINESS ENTERPRISES (BMBES) ACT OF 2002
- COOPERATIVE DEVELOPMENT AUTHORITY CHARTER OF 2019
- CREDIT SURETY FUND COOPERATIVE ACT OF 2015
- DOMESTIC SHIPPING DEVELOPMENT ACT OF 2004
- EASE OF DOING BUSINESS AND EFFICIENT GOVERNMENT SERVICE DELIVERY ACT OF 2018
- FOREIGN CURRENCY DEPOSIT ACT OF THE PHILIPPINES
- INTELLECTUAL PROPERTY CODE OF THE PHILIPPINES
- PUBLIC-PRIVATE PARTNERSHIP (PPP) CODE OF THE PHILIPPINES
- RETAIL TRADE LIBERALIZATION ACT OF 2000
- REVISED CORPORATION CODE OF THE PHILIPPINES
- STRATEGIC TRADE MANAGEMENT ACT (STMA)
- THE SECURITIES REGULATION CODE
- THE SECURITIZATION ACT OF 2004
- THE SPECIAL PURPOSE VEHICLE (SPV) ACT OF 2002
Other subjects
The rest of the exam.