Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword or section
Like this
82Activity
P. 1
5.Commercial Suggested Answers (1990-2006), Word

5.Commercial Suggested Answers (1990-2006), Word

Ratings: (0)|Views: 2,882 |Likes:
Published by jojitus
bar
bar

More info:

Published by: jojitus on Jun 21, 2010
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as RTF, PDF, TXT or read online from Scribd
See more
See less

11/18/2014

pdf

text

original

 
Mercantile Law Bar Examination Q & A (1990-2006)
Page
1
of 
103
 ANSWERS TO BAR EXAMINATION QUESTIONSIN
 
MERCANTILE LAW
ARRANGED BY TOPIC
(1990 – 2006)
Edited and Arranged by:
Silliman University Collegeof Law Batch 2005
Updated by:
Dondee
D’ BAR-Retake 2007
From the ANSWERS TO BAR EXAMINATION QUESTIONS bythe UP LAW COMPLEX & PHILIPPINE ASSOCIATION OFLAW SCHOOLS 2005
June 27, 2007
Mercantile Law Bar Examination Q & A (1990-2006)
Page
2
of 
103
F O R E W A R D
This work is not intended for sale or commerce. This work is freeware. It may befreely copied and distributed. It is primarily intended for all those who desire to have adeeper understanding of the issues touched by the Philippine Bar Examinations and itstrend. It is specially intended for law students from the provinces who, very often, arerecipients of deliberately distorted notes from other unscrupulous law schools andstudents. Share to others this work and you will be richly rewarded by God in heaven.It is also very good karma.We would like to seek the indulgence of the reader for some Bar Questions which areimproperly classified under a topic and for some topics which are improperly or ignorantly phrased, for the authors are just Bar Reviewees who have prepared thiswork while reviewing for the Bar Exams under time constraints and within their limited knowledge of the law. We would like to seek the reader’s indulgence for a lotof typographical errors in this work.The AuthorsJuly 26, 2005
Updated: June27, 2007
 
Mercantile Law Bar Examination Q & A (1990-2006)
Page
3
of 
103
TABLE OF CONTENTS
General Principles of Mercantile Law
..............................................................................12
Commercial Transaction (2003)
12
 Joint Account (2000)
12
 Joint Account vs.Partnership (2000)
12
 Theory of Cognition vs. Theory of Manifestation (1997)
12
Banking Law
...........................................................................................................................12
Banks: Applicability: Foreign Currency Deposit Act & Secrecy of Bank Deposits(2005)
12
Banks: Collateral Security (2002)
12
Banks: Secrecy of Bank Deposits;Garnishment (2004)
13
Banks; Classifications of Banks (2002)
13
Banks;Conservator vs. Receiver (2006)
13
Banks; Diligence Required (1992)
14
Banks;Insolvency; Prohibited Transactions (2000)
14
Banks; Insolvency; Requirements(1997)
14
Banks; Restrictions on Loan Accommodations (2002)
14
Banks;Restrictions on Loan Accommodations (2006)
15
Banks; Safety Deposit Box;Liability
15
Banks; Secrecy of Bank Deposit; AMLC (2006)
15
Banks; Secrecy of Bank Deposit; Exceptions (2006)
16
Banks; Secrecy of Bank Deposits (1990)
16
Banks; Secrecy of Bank Deposits (1991)
16
Banks; Secrecy of Bank Deposits(1992)
17
Banks; Secrecy of Bank Deposits (1994)
17
Banks; Secrecy of BankDeposits (1995)
17
Banks; Secrecy of Bank Deposits (1998)
17
Banks; Secrecy of Bank Deposits (2000)
18
Banks; Secrecy of Bank Deposits; Exceptions (2004)
18
Banks; Secrecy of Bank Deposits; Garnishment (2001)
18
BSP; Receivership; Jurisdiction (1992)
18
Legal Tender (2000)
19
PDIC Law vs. Secrecy of BankDeposits Act (1997)
19
Responsibilities & Objectives of BSP (1998)
19
 Truth inLending Act (1991)
19
 Truth in Lending Act (2000)
19
Bulk Sales Law
......................................................................................................................20
Bulk Sales Law; Covered Transactions (1994)
20
Bulk Sales Law; Covered Transactions (2000)
20
Bulk Sales Law; Covered Transactions (2006)
20
Bulk SalesLaw; Exclusions (1993)
20
Bulk Sales Law; Obligation of the Vendor (1995)
21
BulkSales Law; Obligation of the Vendor (1997)
21
Bulk Sales Law; Obligation of theVendor (2001)
21
Consumer Protection Law
..................................................................................................21
Metric System Law (1994)
21

Activity (82)

You've already reviewed this. Edit your review.
steve_mark0319 liked this
1 thousand reads
1 hundred reads
ambonulan liked this
Eusebio Lee liked this
Randy Sioson liked this
Mandala Dee liked this
Resci Rizada liked this

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->