Practice question
A licensing officer secretly owns an interest in a transaction that requires approval of her office. She argues that indirect ownership is outside RA 6713. Which is best?
- The prohibition expressly includes indirect interests
- Only interests openly admitted are covered
- Indirect ownership is always immune
- The office's approval role is irrelevant
- Every business interest is automatically exempt
Legal references
- Republic Act No. 6713, Section 7: https://lawphil.net/statutes/repacts/ra1989/ra_6713_1989.html
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