- Statute
- Civil Code
- Article
- Art. 1749
- Topic
- Work and Labor
- Status
- In force
- Book
- BOOK IV Obligations and Contracts
- Title
- TITLE VIII LEASE
- Chapter
- CHAPTER 3 Work and Labor
- Year
- 1949
- Cited by
- Multiple Supreme Court decisions
The provision
A stipulation that the common carrier's liability is limited to the value of the goods appearing in the bill of lading, unless the shipper or owner declares a greater value, is binding.
Intellegal Wiki · In plain terms
A carrier and shipper may validly agree to cap the carrier's liability at the value of the goods stated in the bill of lading, unless the shipper or owner declares a higher value. Such a value-limiting clause is enforceable, so a shipper who wants fuller protection must declare the greater value.
An editorially maintained plain-language explanation of this provision — not legal advice.
Cases applying this article
- Everett Steamship Corporation v. Court of Appeals G.R. No. 122494
- Philippine Charter Insurance Corporation v. Neptune Orient Lines/Overseas Agency Services G.R. No. 145044
Related provisions in this Chapter
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