Philippine Bar review · Question

Practice question: Prohibited Practices

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Practice question

Why is a lawful interest rate not a complete answer to a compulsory designated-lender arrangement?

Legal references

  • RA 8042 Section 6 as amended by RA 10022 Section 5: https://lawphil.net/statutes/repacts/ra2010/ra_10022_2010.html
  • RA 11641 Sections 4-6 and 19, DMW functions and succession: https://lawphil.net/statutes/repacts/ra2021/ra_11641_2021.html

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