Practice question
State the constitutional qualifications on the President's power to contract or guarantee foreign loans on behalf of the Republic. Explain why describing the transaction as a guarantee rather than direct borrowing does not by itself remove those qualifications.
Legal references
- 1987 Constitution, Article VII, Section 20: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/3/353
Answer this question in flashcards to review your response and continue practicing.