This case has been cited 1 times or more.
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2012-04-16 |
DEL CASTILLO, J. |
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| Furthermore, petitioner voluntarily executed a release and quitclaim in respondents' favor right after the assessment of the company-designated physician and receipt of his sickness allowance. Indeed, quitclaims executed by employees are commonly frowned upon as being contrary to public policy. But where the person making the waiver has done so voluntarily, with a full understanding thereof, and the consideration for the quitclaim is credible and reasonable, the transaction must be recognized as being a valid and binding undertaking.[37] Contrary to petitioner's contention, the amount of US$1,136.67 he received is reasonable enough to cover his sickness allowance for two months of treatment under the care of respondents' physician. We, therefore, find no reason to invalidate the quitclaim. | |||||