Philippine Bar review · Topic

General Principles

Page 2 of practice questions on General Principles in Financial Rehabilitation and Insolvency (RA 10142). Browse published questions and explore related…

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Practice questions

  1. How does FRIA Section 7 initially treat separate juridical entities?
  2. A debtor omits an unmatured national tax claim solely because it is governmental and not yet payable. Is that reasoning…
  3. Two companies have the same controlling shareholder but no pre-commencement commingling in fact. One asks to aggregate …
  4. A group seeks substantive consolidation of related companies under Section 7. It shows common control and common credit…
  5. A corporate officer is sued personally for acts outside the scope of corporate authority. The officer says Section 4(c)…
  6. Distinguish procedural joinder of related entities from substantive commingling of their assets and liabilities under F…
  7. A debtor’s schedule includes only admitted, matured private debts and excludes disputed, contingent and governmental de…
  8. Creditors appoint a voting representative by private letter retained in their files. Explain the Section 9 notice steps…