Practice question
Under Article 1491(5), does conducting a public or judicial auction by itself remove the applicable purchase prohibition?
- Yes, every auction cures disqualification
- Yes, only private sales are covered
- Yes, if bidding is quick
- No, the article expressly includes public or judicial auctions
- Yes, if the lawyer makes the highest bid
Legal references
- CPRA Canon III, Section 51, A.M. No. 22-09-01-SC (issued text, PDF page25): https://bir-cdn.bir.gov.ph/local/pdf/RMC%20No.%20123-2023%20Annex%20A.pdf
- Civil Code, Article 1491(5): https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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