DECISION
QUISUMBING, J.:
For review on certiorari are the Decision[1] dated January 20, 2004 of the Court of Appeals in CA-G.R. CV No. 74972, and its Resolution[2] dated May 4, 2004 denying reconsideration. The Court of Appeals had affirmed the decision[3] dated February 28, 2002 of the Regional Trial Court (RTC) of Pasig City, Branch 261, in an action for damages, ordering petitioner to pay respondent P100,000 as liquidated damages.
The relevant facts are as follows:
Respondent Platinum Plans Philippines, Inc. is a domestic corporation engaged in the pre-need industry. From 1987 to 1989, petitioner Daisy B. Tiu was its Division...
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