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About Banking Bar Qs
This document contains sample questions and answers from past Philippine bar examinations on mercantile law from 1990-2006. It discusses various topics in banking law including foreign currency deposit accounts, the secrecy of bank deposits law, collateral security, and classifications of banks. Specifically, it presents a hypothetical case involving the illegal disclosure of bank officers' foreign deposit accounts and whether this violated relevant banking secrecy laws. It also addresses a scenario where a bank provided a loan secured by the assignment of accounts receivable but was unable to collect from the obligor after the borrower defaulted. Lastly, it lists the six classifications of banks under Philippine law and provides an example distinguishing characteristic for four of them.
Detailed Information
| Author: | ['chan.a'] |
|---|---|
| Publication Year: | 2022 |
| Pages: | 9 |
| Language: | English |
| Format: | |
| Price: | FREE |
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