[Solved] A entered into a contract of loan with a bank. They stipulated that if there will be a law or BSP circular that will allow the increase in the interest rate, the bank will increase it. Is the stipulation valid?

Q.	A entered into a contract of loan with a bank. They stipulated that if there will be a law or BSP circular that will allow the increase in the interest rate, the bank will increase it. Is the stipulation valid?
A.	Yes, because of the principle of liberty of contracts;
B.	Yes, because of the principle of mutuality of contracts;
C.	No, considering that there is no corresponding de-escalation clause;
D.	Yes, because the increase is not unilateral.
Answer» C. No, considering that there is no corresponding de-escalation clause;

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