Descripción: low intermediate reading and writting
Reading & writing book Northstar 2 third editionFull description
REMEDIESFull description
North Korea background
Feng ShuiFull description
ini curahan hatiku lho..Full description
YNGWIE MALMSTEEN, from the Rising Force record
Ever since its creation, the Star Trek universe has been perhaps the greatest collaborative work-in-progress ever known: a living, breath- ing entity that evolves from decade to decade, ch…Descrição completa
Diagram for a modular origami star by Maria Sinayskaya.
savage north
merp, rpg, role playing, fantasy, game, tolkien, lord of the rings, the hobbit, middle earth
savage northFull description
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North South Airlines CaseFull description
Cayanan vs North Star
10 Oct 2011 GR 172954 Ponente: Villarama, Jr. J. Petitioner/s: Engr. Jose Cayanan , owner of a recruitment agency – JEAC Intl Mgmt and Contractor Services Respondent: North Star International Travel – a travel agency Sec 24: Presumption of Consideration FACTS:
North Star extended credit to Cayanan for air tickets of clients - P510,034.47, and for payment to View Sea Ventures of the amounts of $60,000 which came from respondent General Manager ’s (Virginia) personal account (ordered by Cayanan), and another $40,000 by telegraphic transfer with $15,000 from petitioner. Cayanan then issued issued 3 checks checks drawn from Republic Planters Bank (RPB) and 2 checks from PCIB. When drawn for payment, the checks from PCIB amounting to 1.5M and 35,000 were dishonored for insufficiency of funds while the 3 checks from RPB were dishonored due to a stop payment by Cayanan. Upon demand for payment, Cayanan failed to settle. 5 violations of BP 22 were filed by North Star in MeTC. which found Cayanan Guilty. On Appeal, the RTC acquitted him. The CA, however, held Cayanan civilly liable. The Supreme Court held that Cayanan’s defense that there was no consideration for the issuance of checks could not hold as he has not presented credible evidence to rebut presumption that the checks were issued for a valuable consideration. ISSUE/S: 1. WON checks issued by Cayanan were for valuable consideration? 2. WON Cayanan is civilly liable to North Star for the value value of the checks? HELD: 1. Yes, checks were issued for a valuable consideration. Cayanan has not presented credible evidence to rebut resumption that checks were issued for a valuable consideration. Contrary to petitioners claims that North Star did not give any valuable
consideration for the checks since the US$85,000 was taken from the personal dollar account of Virginia and not the corporate funds of North Star, the t he fact that petitioner himself specifically named North Star as the payee of the checks is an admission of his liability to North Star and not to Virginia Balagtas. Also, his defense that dollars sent to View Sea in Nigeria was Virginia’s own investment could not hold as she only remitted such money due to Cayanan’s request/ instructions – this he never denied. It was him who had business transactions with View Sea and not Virginia. Transaction between North Star and Cayanan was actually in the nature of a loan, and checks were issued as payment of such hence there was no absence of consideration for the issuance of checks. 2. Yes, Cayanan is liable. Having failed to fully settle his obligation (loan) under the checks, the appellate court was correct in holding petitioner liable to pay the value of the five checks he issued in favor of North Star. SC DECISION: Petition Denied. Cayanan liable.
