Revocation of business permit due to violation of warranties | 24 October 2023

“The vendor is bound to transfer the ownership of and deliver, as well as warrant the thing which is the object of the sale.” (Article 1495, Civil Code)

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Alburo Law
October 24, 2023

Revocation of business permit due to violation of warranties

“Any person who shall violate the provisions of the Civil Code on warranties shall be subject to fine of not less than Five Hundred Pesos (P500.00) but not more than Five Thousand Pesos (P5,000.00) or an imprisonment of not less than three (3) months but not more than two (2) years or both upon the discretion of the court.

A second conviction under the same paragraph shall also carry with it the penalty or revocation of his business permit and license.” (Article 73, Republic Act No. 7394 or the Consumer Act of the Philippines)

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