This case has been cited 1 times or more.
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2015-03-11 |
MENDOZA, J. |
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| The test for determining the existence of a cause of action was amply discussed in Insular Investment and Trust Corporation v. Capital One Equities Corporation,[19] citing Perpetual Savings Bank v. Fajardo,[20] to wit:The familiar test for determining whether a complaint did or did not state a cause of action against the defendants is whether or not, admitting hypothetically the truth of the allegations of fact made in the complaint, a judge may validly grant the relief demanded in the complaint. In Rava Development Corporation v. Court of Appeals, the Court elaborated on this established standard in the following manner: | |||||