Philippine Bar review · Question

Practice question: Contracting or Guaranteeing Foreign Loans

Multiple Choice Easy

Practice question

The Article VII, Section 20 reporting duty is measured from the end of each quarter of what year?
  1. A private lender’s optional anniversary year
  2. The calendar year
  3. Only the President’s last year in office
  4. Only the country’s first year of independence
  5. Only a foreign government’s fiscal year

Legal references

  • 1987 Constitution, Article VII, Section 20: https://lawphil.net/consti/cons1987.html

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