Practice question
A business offers a large bond as the sole basis for stopping a city tax auction. Explain why security does not replace the verified factual application and hearing requirements.
Legal references
- Rules of Court Rule58: https://lawphil.net/courts/rules/rc_1-71_civil.html Rule58 Sections4–7 and9.
- Angeles City v Angeles Electric GR166134 June29,2010 MAIN: https://lawphil.net/judjuris/juri2010/jun2010/gr_166134_2010.html MAIN application of Rule58 to local-tax collection.
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