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Philippine Bar review · Question

Practice question: Rehabilitation Receiver and Rehabilitation Plan

Multiple Choice Easy

Practice question

Which is a principal duty of the rehabilitation receiver?
  1. Guaranteeing every shareholder a profit
  2. Preserving and maximizing debtor asset value and evaluating rehabilitation viability
  3. Distributing assets to the receiver's family
  4. Ignoring all creditor claims
  5. Canceling every tax without legal authority

Legal references

  • RA 10142, Section 31: https://lawphil.net/statutes/repacts/ra2010/ra_10142_2010.html

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