Practice question
Which government-related security falls within the express class in SRC Section9.1(a)?
- A security issued or guaranteed by the Government of the Philippines
- Every private company security merely because the company pays taxes
- Every private note merely because printed near a government office
- Only foreign municipal securities
- Only a privately advertised security without any government guarantee
Legal references
- RA8799 Securities Regulation Code: https://lawphil.net/statutes/repacts/ra2000/ra_8799_2000.html Section9.1(a).
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