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Philippine Bar review · Question

Practice question: Trust Fund Doctrine

Multiple Choice Easy

Practice question

How did Halley characterize a receipt as evidence of payment?
  1. Presumptive rather than invariably conclusive
  2. Conclusive regardless of all contrary facts
  3. Legally worthless in every case
  4. A final court judgment
  5. A statute amending the subscription

Legal references

  • Halley v. Printwell, GR157549, May30 2011, main opinion: https://lawphil.net/judjuris/juri2011/may2011/gr_157549_2011.html Payment proof and limit of unpaid-subscription recovery.
  • Enano-Bote v. Alvarez, GR223572, November10 2020, main opinion: https://lawphil.net/judjuris/juri2020/nov2020/gr_223572_2020.html Recognized grounds for creditor recourse.

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