Page 528 - Important Provisions of The New Civil Code

Article 2201. In contracts and quasi-contracts,

the damages for which the obligor who acted in

good faith is liable shall be those that are the

natural and probable consequences of the

breach of the obligation, and which the parties

have foreseen or could have reasonably

foreseen at the time the obligation was

constituted.

In case of fraud, bad faith, malice or wanton

attitude, the obligor shall be responsible for all

damages which may be reasonably attributed

to the non-performance of the obligation.

(1107a)