ANSWERS TO BAR EXAMINATIONQUESTIONS IN
Mercantile Law Bar Examination Q & A (1990-2006)
Page
1
of
103
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 bytheUP LAW COMPLEX & PHILIPPINE ASSOCIATION OF LAW SCHOOLS2005
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 lot
of 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: CollateralSecurity (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 Bank Deposits Act (1997)
19
Responsibilities & Objectives of BSP (1998)
19
Truth in Lending 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 SalesLaw; Covered Transactions (2006)
20
Bulk Sales Law; Exclusions (1993)
20
Bulk Sales Law; Obligation of theVendor (1995)
21
Bulk Sales Law; Obligation of the Vendor (1997)
21
Bulk Sales Law; Obligation of the Vendor (2001)
21
Consumer Protection Law
..................................................................................................21
Metric System Law (1994)
21
Search History:
Result 00 of 00
00 results for result for
p.
Recommended
More From This User
Notes
Load more
