Question 6 of 50 Director general, Deputies Director General and Assistant Directors in Intellectual property office are all appointed by: Select the correct response: O c. President O b. Vice President of Finance. O d. Secretary of Civil Service O a. Secretary of the Dept of Trade and IndustryQuestion 3 of 50 Where there are no sufficient funds in or credit with such drawee bank, such fact shall not always be explicitly stated in the notice of dishonor or refusal. Select the correct response: O True O FalseQuestion 21 of 50 1 Point D Borrowed P30,000 from C. The debt is secured by the Guaranty of G1, G2 and G3. On the due date, D failed to pay because of insolvency. As a result G1 paid C 30,000. However, G3 is insolvent. How much may G1 demand from G2 as reimbursement? Select the correct response: O c. P10,000 O d. nothing a. P30,000 O b. P15,000Question 4 of 50 Legal Redemption by a co owner or an adjoining owner of a rural or urban land is available when the ownership of the property subject of the legal redemption has been transmitted by: Select the correct response. 0 d, Dation in payment by gratuitous or onerous title 0 b, Onerous title 0 a Dation in payment 0 C. Either by a or b Question 8 of 50 A negotiable instruments discharged through the following except: Select the correct response: 0 c. By any other contract which will discharge a simple contract for the payment of money. O b. By payment in clue course by or behalf of the principal debtor. Q d. By payment in due course by the party accommodated where the instrument is made or accepted for accommodation. 0 a. By the unintentional cancellation of the instrument by the holder thereof. Question 9 of 50 Sale of property between husband and wife except when there is a separation of property is prohibited or declared void by law. Select the correct response: O True O FalseQuestion 13 of 50 Obligation of X not to sell cigarettes in his stores only during Sundays and holidays, tis an example of Select the correct response: O tl. None of the above a. Divisible Obligation e. All of the above b. Indivisible Obligation 0000 c. Mixed Obligation Question 15 of 50 n Guaranty the guarantor is liable one's the principal debtor is defaulted from the fulfilment of obligation Select the correct response: True O FalseQuestion 17 of 50 The surety has equal liability with the debtor. Select the correct response. O True O FalseQuestion 13 of 50 Statement 1: Estafa and Bouncing Cheeks are two separate ofces Statement 2:Cheelt need not be negotiable instrument in a crime of estate. Select the correct response.- 0 in. Both of the statement are False. O a. Both statements are True. 0 a. Only statement 1 is correct. 0 C. One of the statement is not correct