Practice question
The agency communicates its findings accepting an amount as due under Section 58. It says no statutory settlement interval follows communication. Which is best?
- Communication automatically pays every debt.
- No settlement interval exists.
- The seafarer must wait until the agency voluntarily closes.
- Only the ship’s sale can trigger payment.
- The statute requires settlement of obligations, if any, within fifteen days from communicating its findings.
Legal references
- RA 12021, September 23, 2024, Chapter XI Sections 54, 56-58: https://lawphil.net/statutes/repacts/ra2024/ra_12021_2024.html
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