Tag Archives: obligation

its abou payments made,validity.pls refer to Phils Negotiable instruments law pls..thnks!?

Samson Realty had an obligation to pay the balancer of the priceofthe land it brought from the Roman Catholic Bishops of Malolos.Samson realty allegedly tendered payment by certified personal check on the last day of the grace period granted by seller.The seller allegedly refused to accept the certified check as payment and instead, cancelled the contract of sale for non-payment of the balance of the price. Was there a valid tender of payment?

Part 2/2 Bird & fortune – Financial crisis – Silly Money, Nov 08

2nd Nov 2008. Bird and Fortune on Silly Money satirising the absurdity of the financial crisis. … satire comedy humour credit crunch banks subprime mortgages global finance investment banker cdo greed fear economy bailout property derivatives debt tax payers regulation deregulation capital gains private equity business cycle lending leverage de-leverage bonuses risk securitization interest structure vehicle colaterised obligation wallstreet bad loans market house prices ratings agencies George …