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Philippine Bar review · Question

Practice question: Collection

Multiple Choice Medium

Practice question

A property owner elects the ordinary Section 250 four-installment schedule. No special extension applies. When is the second installment due?
  1. January 1
  2. March 31
  3. May 1
  4. June 30
  5. December 31

Legal references

  • RA 7160, Sections 246–251; https://lawphil.net/statutes/repacts/ra1991/ra_7160_1991.html

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