1. Before a merger and/or acquisition (of/by companies/entities) involving more than one billion pesos to be implemented, the parties need to the Philippine Competition Commission of the same for ____.

Group of answer choices

Forty-five (45) days

Sixty (60) days

Thirty (30) days

Fifteen (15) days

2. If a customer has complaint/s about manufactured products, the proper agency to file such complaint/s is the: Section 36. Nolo Contendere. - An entity charged in a criminal proceeding under R.A. 10667, The Philippine Competition Act, may enter a plea wherein he does not accept nor deny responsibility for the charges but agrees to accept punishment as if he had pleaded guilty. This plea is known as:

Group of answer choices

Plea of guilty to a lesser offense

Plea of guilty to the offense charged

Plea of not guilty

Plea of Nolo Contendere

3. In liquidation of individual debtor, which of the following is correct?

Group of answer choices

The creditor has to pay bond in case of voluntary liquidation

The liquidation order shall be issued even without trial in case of voluntary liquidation

The debtor has to pay bond in case of voluntary liquidation

The liquidation order shall be issued after trial in case of voluntary liquidation

4. The following are the not affected by Stay order, except?

Group of answer choices

Prohibit the debtor from making any payment of liabilities outstanding as of commencement date except as may be provided herein

Any Criminal Action against individual debtor or owner, partner, director or officer of a debtor shall not be affected by any proceedings commenced under FRIA

Clearing or settlement of financial transactions through facilities of clearing agency duly authorized by appropriate regulatory agency

To any form of action of customers of security market participant to recover or claim money and securities entrusted to the latter in an ordinary course of business