Philippine Bar review · Question

Practice question: Contracting or Guaranteeing Foreign Loans

Multiple Choice Easy

Practice question

What does Article XII, Section 21 require concerning information on foreign loans obtained or guaranteed by the Government?
  1. It must always be destroyed immediately.
  2. It belongs exclusively to the foreign lender.
  3. It shall be made available to the public.
  4. It may never be reported to anyone.
  5. It is automatically the President’s private property.

Legal references

  • 1987 Constitution, Article XII, Section 21: https://lawphil.net/consti/cons1987.html

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