- Statute
- Civil Code
- Article
- Art. 1750
- 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
- A Supreme Court decision
The provision
A contract fixing the sum that may be recovered. by the owner or shipper for the loss, destruction, or deterioration of the goods is valid, if it is reasonable and just under the circumstances, and has been fairly and freely agreed upon.
Intellegal Wiki · In plain terms
An agreement that sets a fixed maximum the owner or shipper can recover if goods are lost, destroyed, or damaged is valid, but only if that limit is reasonable and just under the circumstances and was fairly and freely agreed upon by both sides.
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
Related provisions in this Chapter
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