In Lawyer’s Cooperative v. Tabora, the Supreme Court held that when a buyer receives goods but the seller retains title to secure payment, the risk of loss transfers to the buyer upon delivery. Therefore, the buyer is liable for the remaining balance even if the goods are later destroyed.
Lawyer’s Cooperative vs. Tabora [April 30, 1965] Read More »
In Chrysler Philippines Corp. v. Court of Appeals and Sambok Motors Co., the Supreme Court held that if a seller fails to deliver goods to the buyer as agreed, the seller bears the risk of loss. Therefore, the seller cannot demand payment for undelivered goods.
Chrysler Philippines Corporation vs. CA and Sambok Motors Co. [December 19, 1984] Read More »
In Norkis Distribution, Inc. v. Court of Appeals, the Supreme Court ruled that without actual or constructive delivery, ownership—and thus the risk of loss—remains with the seller. Despite issuing a sales invoice and registering the motorcycle in the buyer’s name, Norkis retained ownership when the vehicle was destroyed.
Norkis Distribution, Inc. vs. Court of Appeals [February 7, 1991] Read More »
In Roman v. Grimalt, the Supreme Court held that a sale isn’t perfected without mutual agreement on the object and price. Here, the seller couldn’t prove ownership of the schooner, preventing contract perfection. Consequently, the seller bore the loss when the vessel was destroyed before delivery.
