1. ________________________ is the lawyer of the Republic of the Philippines representing in Litigations.

2. Prescription for notification in unclaimed balances.

3. Which of the following is not a minimum customer identification to be required by a covered person from its client or customer?

a. Contact number of customer

b. Specimen signature or biometrics of the customer

c. TIN, SSS or GSIS number if employed or self-employed

d. Name of all girlfriends or boyfriends of customer

4. Who among the following is not part of Anti-Money Laundering Council? BSP Governor as chairperson of AMLC

a. BSP Governor

b. Insurance Commissioner

c. SEC Chairperson

d. BIR Commissioner

5. Which of the following is exempted from reporting covered transaction or suspicious transaction to Anti Money Laundering Council?

a. Law firm or auditing firm if acting as independent legal professionals in relation to information concerning their clients or where disclosure of information would compromise client confidences or the attorney client relationship

b. Jewelry dealers, dealers of precious metals or dealers of precious stones

c. Casino

d. Land Registration Authority or Registry of Deeds

6. When is a Certified Public Accountant considered a covered person required to report covered transactions or suspicious transactions to Anti Money Laundering Council?

a. When he renders audit or review of historical financial statements or other assurance engagements.

b. When he provides management consultancy services.

c. When he acts as promoter rendering services for organization of contributions for the creation, operation and management of companies.

d. When he provides tax advisory services.

7. Is sent subject of trademark in the Philippines?

a. YES

b. NO

c. NEVERMIND

8. Are vaccines patentable?

a. YES

b. NO

c. NEVERMIND

9. Legal term of Patent

a. 20 yrs

b. 10 yrs

c. 5 yrs

d. 50 yrs

10. Where to register Intellectual Property?

11. Apple Co., is the employer of Zenaida for 5 years. During her breaktime she develops a new feature of the phone using Aplle Co.'s resources. Who owns the patent?

a. Both

b. Apple Co.

c. Zenaida

12. Which is not patentable?

a. Aesthetic creation

b. Car driven by Water

c. Microorganism

13. Refers to intellectual property that is capable of distinguishing the goods of an enterprise and includes stamped or marked containers

a. Distinguishing mark

b. Trademark

c. Patent

14. It means the unauthorized, replication or use of patented invention or process

a. Patent Laundering

b. Patent Infringement

c. Patent destruction

15. This is unauthorized use of original work.

16. Rose commissioned Jack to paint her nude body. Who owns the painting? Who owns the copyright? Answer in this format: BOTH - BOTH

17. Refers to intellectual property that is capable of distinguishing the goods of an enterprise and includes stamped or marked containers

18. Which is not copyrightable?

a. computer programs

b. drawings

c. sermons

d. official text of a legislative or legal nature

18. Which is copyrightable?

a. news of the day in nature of press information

b. method of operation

c. concept or principle

d. musical composition without words

19. Which of the following is not a predicate crime under AMLA?

a. Swindling

b. Fencing

c. Adultery

d. Illegal recruitment

20. Threshold in case of dealers of precious metals

a. none

b. 500,000

c. 1,000,000

d. 5,000,000

21. On June 12021, Candy sold car owned by Xander to Barbie for 100,000. Candy promised to deliver the car on August 8, 2021. Candy bought the car from Xander on August 6, 2021 and delivered it to Barbie on August 8,2021. Is the Contract of sale between Candy and Barbie valid?

a. No, because there is no delivery on June 1, 2021

b. No, because Candy is not the owner of the car on June 1, 2021

c. Yes, because this is an example of hope

d. Yes, because vendor need not O possess the title at perfection of contract and delivery

e. No answer applicable

22. Kendell is a depositor in Security Bank and has the following accounts: 100,000 saving account; 300,000 checking account; 600,000 treasury bonds; 1,000,000 Joint account with Kriza; 1,000,000 joint account with ABC Corporation. Kriza's share on the said account is 600,000 and Kendell account on joint account with ABC Corporation is 100,000. How much can Kendell get according to PDIC?

23. MeliGrace is a depositor in Security Bank and has the following accounts: 300,000 saving account; 300,000 checking account; 100,000 treasury bonds; 1,000,000 Joint account with Kristina. Kristina's share on the said account is 600,000 How much can Kristina get according to PDIC?

24. Mylene is a depositor in Security Bank and has the following accounts: 50,000 saving account; 200,000 checking account; 250,000 treasury bonds. How much can she get according to PDIC?

25. Which government agency has the authority to reactive an unclaimed balance account?