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SPS. ANTONIO AND LOLITA TAN v. CARMELITO VILLAPAZ

This case has been cited 1 times or more.

2008-04-16
NACHURA, J.
On the issue of whether the P200,000.00 was really a loan, it is well to remember that a check may be evidence of indebtedness.[41] A check, the entries of which are in writing, could prove a loan transaction.[42] It is pure naiveté to insist that an entrepreneur who has several sources of income and has access to considerable bank credit, no longer has any reason to borrow any amount.