Philippine Bar review · Question

Practice question: Extinguishment

Multiple Choice Easy

Practice question

Upon the agent’s death, what 1932 duty do the heirs have?
  1. Automatically become unrestricted agents forever.
  2. Destroy every principal record.
  3. Notify the principal and take the required interim protective measures.
  4. Keep every agency asset personally.
  5. No duty of any kind exists.

Legal references

  • Civil Code Articles1649-1652,1663-1668,1870-1875,1890-1893 and1921-1932: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html

Answer this question in flashcards to review your response and continue practicing.