This case has been cited 2 times or more.
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2015-04-07 |
LEONEN, J. |
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| It is settled that "the constitutional guaranty of non-impairment... is limited by the exercise of the police power of the State, in the interest of public health, safety, morals and general welfare."[135] "It is a basic rule in contracts that the law is deemed written into the contract between the parties."[136] The incorporation of regulations into contracts is "a postulate of the police power of the State."[137] | |||||
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2009-11-24 |
DEL CASTILLO, J. |
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| Petitioners' contentions deserve scant consideration. In Abe v. Foster Wheeler Corporation,[25] we held that the freedom of contract is not absolute. The same is understood to be subject to reasonable legislative regulation aimed at the promotion of public health, morals, safety and welfare. One such legislative regulation is found in Article 1306 of the Civil Code which allows the contracting parties to "establish such stipulations, clauses, terms and conditions as they may deem convenient, provided they are not contrary to law, morals, good customs, public order or public policy." | |||||