Legal Terminology Quiz
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Questions and Answers

Counterfeiting refers to the imitation of any coin, whether it is legal or genuine.

False

In Bid Rotation, individuals or firms agree to submit bids that involve a competitor bidding lower than the designated winner.

False

Hoarding involves selling basic necessities or prime commodities at a price significantly below their true worth.

False

The Dominancy Test focuses on the prevalent features of competing trademarks that might cause confusion or deception.

<p>False</p> Signup and view all the answers

Trademark infringement occurs when the public may be deceived into thinking related goods come from different makers or manufacturers.

<p>True</p> Signup and view all the answers

The complex crime of Estafa through Falsification of a Private Document can be committed even if the defendant was acquitted.

<p>True</p> Signup and view all the answers

Profiteering refers to the legitimate accumulation of any basic commodity beyond normal inventory levels by individuals or entities.

<p>True</p> Signup and view all the answers

Mutilation of coins includes coins of foreign countries.

<p>False</p> Signup and view all the answers

Minor coins are those below a 50-centavo denomination in the Philippines.

<p>True</p> Signup and view all the answers

Bid Cover is a scheme where conspiring firms continue to bid without any agreement on winning the bid.

<p>False</p> Signup and view all the answers

Subornation of perjury involves knowingly and willfully inducing another person to swear falsely.

<p>True</p> Signup and view all the answers

Falsification through Reckless Imprudence is considered a crime according to the text.

<p>False</p> Signup and view all the answers

FALSE Colorable Imitation is defined as an imitation so close to the original that it is likely to deceive ordinary individuals.

<p>True</p> Signup and view all the answers

TRUE In feigning, there is an original signature that is imitated.

<p>False</p> Signup and view all the answers

FALSE Coins that are no longer in circulation cannot be counterfeited under Article 163 of the RPC.

<p>True</p> Signup and view all the answers

TRUE The possessor of a falsified document is presumed to be the author of the falsification.

<p>True</p> Signup and view all the answers

TRUE Forging obligations or securities of the United States is still punishable under the RPC.

<p>True</p> Signup and view all the answers

TRUE Cash disbursement vouchers are considered commercial documents.

<p>False</p> Signup and view all the answers

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