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ROSARIO TEXTILE MILLS CORPORATION v. HOME BANKERS SAVINGS

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GR No. 158649
2013-02-18
SPS. QUIRINO V. DELA CRUZ AND GLORIA DELA CRUZ v. PLANTERS PRODUCTS
BERSAMIN, J.
The first circumstance was the credit line of P200,000.00 that commenced the business relationship between the parties. A credit line is really a loan agreement between the parties. According to Rosario Textile Mills Corporation v. Home Bankers Savings and Trust Co.:[37]