Practice question
An official transfers shares to an unrelated nominee but keeps beneficial rights and control. Explain why avoiding a relative transferee does not alone satisfy statutory divestment.
Legal references
- RA6713 Sections3(i)-(k) and9, conflict and divestment: https://lawphil.net/statutes/repacts/ra1989/ra_6713_1989.html
Answer this question in flashcards to review your response and continue practicing.