This case has been cited 1 times or more.
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2013-02-27 |
VILLARAMA, JR., J. |
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| In Bank of America NT & SA v. Philippine Racing Club,[30] the Court ruled: In the case at bar, petitioner cannot evade responsibility for the loss by attributing negligence on the part of respondent because, even if we concur that the latter was indeed negligent in pre-signing blank checks, the former had the last clear chance to avoid the loss. To reiterate, petitioner's own operations manager admitted that they could have called up the client for verification or confirmation before honoring the dubious checks. Verily, petitioner had the final opportunity to avert the injury that befell the respondent. x x x Petitioner's negligence has been undoubtedly established and, thus, pursuant to Art. 1170 of the NCC, it must suffer the consequence of said negligence. | |||||