FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Carlos received his share worth P200T in a kidnap-for-ransom deal done by his group.He wants to begin a new life with his family so he

Carlos received his share worth P200T in a kidnap-for-ransom deal done by his group.He wants to begin a new life with his family so he parted from the group, opened a savings account in ABC Bank and deposited the said amount thereat. QUESTION: Will the said deposit enjoy protection of bank secrecy and insurance coverage under the PDIC Law

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Law Of Tort

Law Of Tort

Authors: John Cooke

14th Edition

1292251360, 978-1292251363

More Books

Students also viewed these Law questions

Question

★★★★★
In futures markets, profits or losses on contracts are settled at the end of each trading day. This procedure is called marking to market or daily resettlement. By preventing a trader's losses from...

Answered: 1 week ago

Question

★★★★★
1. As more of the nation's systems of river locks become deficient, what is happening to the pace at which the U.S. production possibilities curve shifts outward over time? 2. How are deficiencies in...

Answered: 1 week ago

Question

★★★★★
Suppose that the average birth weights of babies born at hospitals owned by a major health maintenance organization (HMO) are approximately normal with mean 6.75 pounds and standard deviation 0.54...

Answered: 1 week ago

Question

★★★★★
Healthy Potions, Inc., is considering investing in a new production line for eye drops. Other than investing in the equipment, the company needs to increase its cash and cash equivalents by $10,000,...

Answered: 1 week ago

Question

★★★★★
A smart card looks like a credit card, but it has a built into it . Select one: a . microprocessor b . hard disk c . USB port d . flash key

Answered: 1 week ago

Question

★★★★★
Using diagrams, show the case where a monopolist: a) earns economic profit (show profit per unit and total profit), b) earns normal profit c) incurs losses (show loss per unit and total loss)

Answered: 1 week ago

Question

★★★★★
15. Mr. Debtor owes Mr. Creditor P100, 000. On the due date, Mr. Debtor delivers a cashier's check for the full amount. Mr. Creditor refuses to accept the check. a. Debtor may make a consignation by...

Answered: 1 week ago

Question

★★★★★
How to identify hardware in a system using CLI or GUI? Make sure you cover the 5 major components of your computer along with the other components that are of interest (things like networking and GPU...

Answered: 1 week ago

Question

★★★★★
1. What music streaming services do students at Olympia High use? 33% of students use Apple Music, 41% use Spotify and 18% use both services. A-Apple Music S=Spotify (a) Create a two way table to...

Answered: 1 week ago

Question

★★★★★
If you borrow $15000 for 4 years at an interest rate of 7.44% per annum, with the interest compounding quarterly, how much will you have to pay at the end of the period? $_______________ (two decimal...

Answered: 1 week ago

Question

★★★★★
Onyemah Corporation uses the FIFO method in its process costing system. Operating data for the Brazing Department for the month of November appear below: Percent Complete with Respect to Units...

Answered: 1 week ago

Question

★★★★★
Q-3: Estimate fxy dx + x2 dy: where c is given by [Hint: Use Green's theorem -1

Answered: 1 week ago

Question

★★★★★
2. Using a communication conflict you have been involved in, or a problem or phenomenon that you are familiar with, provide answers for a)d). a) Find the critical elements that existed (exist) as you...

Answered: 1 week ago

Question

★★★★★
5. What is meant by the statement, when we attribute a different meaning to a situation, the situation will consequentially change for us?

Answered: 1 week ago

Question

★★★★★
10. Using a conflict in your local community as your starting point, discuss how conflicts can be resolved using the following strategies: a) Making the cake bigger b) Providing compensation that is...

Answered: 1 week ago

Previous Question Next Question