JUDICIAL ADMISSION:

    A party may make judicial admissions in (a) the pleadings; (b) during the trial, either by verbal or written manifestations or stipulations; or (c) in other stages of the judicial proceeding. It is well-settled that judicial admissions cannot be contradicted by the admitter who is the party himself  and binds the person who makes the same, and absent any showing that this was made thru palpable mistake, no amount of rationalization can offset it.

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