Practice question
An official says Article XII, Section 21’s public-information rule applies to foreign loans obtained by Government but never to foreign loans it guarantees. How does the text answer that claim?
- It expressly excludes guaranteed loans.
- It covers foreign loans obtained or guaranteed by Government.
- It applies only if the lender is a private Philippine citizen.
- It concerns only domestic grocery credit.
- It makes a guarantee legally impossible in every case.
Legal references
- 1987 Constitution, Article XII, Section 21: https://lawphil.net/consti/cons1987.html
- 1987 Constitution, Article VII, Section 20: https://lawphil.net/consti/cons1987.html
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