Practice question
An officer uses confidential information learned solely through official duties to give a private business an unfair advantage before a government decision. The information has not been made public. The officer claims only direct sale of the information is prohibited. Which is best under RA 6713?
- Only cash sales can be regulated
- No duty applies to nonpublic official information
- The private beneficiary decides legality
- The statute also prohibits the specified misuse of confidential information to give undue advantage to private interests
- Unofficial disclosure automatically makes all prior misuse lawful
Legal references
- Republic Act No. 6713, Section 7: https://lawphil.net/statutes/repacts/ra1989/ra_6713_1989.html
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