Philippine Bar review · Question

Practice question: Requisites for Creation, Conversion, Division, Merger, and Abolition (See also RA 11964, Secs. 4(d) and 7(e))

Multiple Choice Easy Jurisprudence

Practice question

Under Section450(c), are specific funds, transfers and non-recurring income included in the stated average annual income?
  1. Yes, every receipt is necessarily included
  2. No; those are expressly excluded
  3. Only transfers are mandatory inclusions
  4. Only non-recurring gifts must be counted
  5. The statute provides no exclusions

Legal references

  • RA 11683: https://lawphil.net/statutes/repacts/ra2022/ra_11683_2022.html; amended Section450(b)-(c).
  • 1987 Constitution: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/3/353; ArticleX Section10.

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