Topic: Law on sales, agency, and credit transactions

Please answer the following questions. Thank you

Question 53

I. If the thing given in pledge is in danger of destruction or impairment without the fault of the pledgee, the pledgee may sell the property in a public sale.

II. The pledgee may use the thing pledged even without obtaining the consent of the pledger if the use of the thing is necessary for its preservation.

Group of answer choices

Only Statement I is true.

Only Statement II is true.

Both statements are true.

Both statements are false.

Question 54

To eliminate bureaucratic red tape, avert graft and corrupt practices and to promote transparency and sustain ease of doing business, the _______ shall be primarily responsible in establishing, operating and maintaining a Central Business Portal (CBP) or other similar technology, as the ______ may prescribe.

Group of answer choices

Anti-Red Tape Authority

Bureau of Fire Protection

Department of Information and Communications Technology

Department of Finance