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Philippine Bar review · Question

Practice question: Purpose

Multiple Choice Easy

Practice question

RA11765 Section2 connects appropriate consumer-protection mechanisms with confidence in financial markets and what systemic objective?
  1. Stability of the Philippine financial system
  2. Elimination of all legal supervision
  3. A guarantee that no bank can ever fail
  4. Replacement of all deposits with lottery tickets
  5. Removal of every financial-consumer remedy

Legal references

  • RA11765 Financial Products and Services Consumer Protection Act: https://lawphil.net/statutes/repacts/ra2022/ra_11765_2022.html Section2.

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