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Philippine Bar review · Question

Practice question: Requisites of a Valid Assessment

Multiple Choice Easy

Practice question

What payment-timing requirement did Fitness by Design emphasize for a final assessment?
  1. No timing may be stated
  2. Only an auditor’s private guess
  3. Only the year of incorporation
  4. Only a future negotiation date
  5. A definite due date for payment

Legal references

  • CIR v. Fitness by Design, Inc., G.R. No. 215957, November 9, 2016, main decision: https://lawphil.net/judjuris/juri2016/nov2016/gr_215957_2016.html

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