Philippine Bar review · Question

Practice question: Coverage and Exceptions

Multiple Choice Easy

Practice question

Which depositor authorization is expressly recognized by both the cited peso-deposit provision and amended foreign-currency secrecy provision?
  1. A stranger's oral request
  2. Written permission of the depositor
  3. A competitor's preference
  4. An unsigned anonymous accusation alone
  5. A newspaper poll

Legal references

  • RA 1405 Section 2: https://lawphil.net/statutes/repacts/ra1955/ra_1405_1955.html
  • RA 6426 Section 8 as amended by PD 1246 Section 2: https://lawphil.net/statutes/presdecs/pd1977/pd_1246_1977.html

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