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Ramcar, Inc. vs. Hi-Power Mktg., et al

RAMCAR, INCORPORATED, Petitioner, versus HI-POWER MARKETING, LEONIDAS D. BOHOL, and RHODORA A. BOHOL, Respondents.

G.R. No. 157075 | 2006-07-17

THIRD DIVISION

D E C I S I O N 

Tinga, J.: 

Before the Court is a Petition for Certiorari filed by Ramcar, Incorporated (Ramcar), raising the same questions of fact passed upon by both the lower court[1] and the Court of Appeals. 

The antecedents are as follows: 

Respondent Leonidas Bohol (Bohol) is a distributor of Ramcar products in Quezon City and San Pablo City using the business name Hi-Power Marketing. 

On 4 March 1982, Ramcar and Bohol entered into a loan agreement whereby Ramcar allotted P300,000.00 as a trade credit line for the batteries to be distributed by Bohol, and released another P300,000.00 as a...