Practice question
Which activity of the specified GOCCs appears in Section 234(c)?
- Every unrelated investment
- Only advertising
- Generation and transmission of electric power, with the stated actual-use conditions for machinery and equipment
- Every hotel operation
- Only stock trading
Legal references
- Local Government Code, RA 7160, Sections 196, 198-199 and 234: https://lawphil.net/statutes/repacts/ra1991/ra_7160_1991.html
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