22 Questions
What is the duration of the notice and execution of award in government procurement?
90 days
What is the period of action on procurement activities in government procurement?
NOA (Notice of Award)
When does the entering into contract take place in government procurement?
After the notice and execution of award
What is the purpose of the NTP (Notice to Proceed) in government procurement?
To inform the supplier of the project start date
What is the duration of the off-site access in government procurement?
Not specified
What is the purpose of the period of action on procurement activities in government procurement?
To facilitate the procurement process
What is the prescriptive period for a breach of warranties under the Consumer Protection Act?
4 years from discovery
What is the duration for settling a consumer complaint under the Lemon Law?
Settled not later than 10 working days from date of complaint
What is the validity period for a business permit under the Ease of Doing Business Law?
1 year (renewable)
What is the timeframe for the implementation of a Government Procurement project under the Ease of Doing Business Law?
Within 20 working days
What is the period for requesting compensation for non-use under the Consumer Protection Act?
Within 2 years from effectivity date
What is the duration for a warranty under the Consumer Protection Act?
60 days to 1 year
How many years of operation are required for a cooperative to be considered for automatic dissolution?
2 years
Within how many days should a certified true copy of the GIS be filed with the SEC?
60 days
What is the minimum period of notice required for a regular meeting of members?
1 week
How many years of delinquent status are allowed before a cooperative is automatically dissolved?
2 years
Within how many days should a notice of a special meeting of members be given?
1 week
What is the maximum period for which a cooperative can be exempt from filing annual financial statements?
Not more than 5 consecutive years
How many calendar days are required for the filing of annual financial statements for a stock corporation?
120 days
What is the minimum period of notice required for a special meeting of directors?
1 week
How many years must a person have been a resident of the Philippines to be eligible as a rehabilitation receiver?
6 months
Within how many days must a notice of termination of a tender offer be published?
10 days
Test your knowledge of insurance laws and labor regulations, including liquidation orders, life insurance maturity, and property insurance ascertainment. This quiz covers key concepts and rules related to insurance and labor laws.
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