Philippine Currency Laws
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Questions and Answers

What is the primary requirement for a coin to be considered mutilated under Philippine law?

  • The coin must be made of precious metal
  • The coin must be of legal tender in the Philippines (correct)
  • The coin must be in circulation for at least 10 years
  • The coin must be of foreign origin

What is the act punishable under P.D. 247?

  • Counterfeiting coins
  • Mutilating coins
  • Importing foreign coins
  • Possession of coin, counterfeited or mutilated by another person, with intent to utter the same (correct)

What is NOT a requirement for the act of uttering false coin?

  • The possessor must be the counterfeiter (correct)
  • The possessor must not be the counterfeiter, mutilator, or importer of the coins
  • The coin must be of legal tender
  • The possessor must know that the coin is false

What is the act punishable under Article 164?

<p>There is no act punishable under Article 164 (C)</p> Signup and view all the answers

What is the act of 'uttering' in relation to false coins?

<p>The act of holding false coins with intent to pass them as genuine (D)</p> Signup and view all the answers

What is the punishment for willful defacement, mutilation, tearing, burning, or destruction of Central Bank notes and coins?

<p>Punishment under a separate law (C)</p> Signup and view all the answers

What is the primary intention of a person who mutilates a coin?

<p>To take advantage of the metal abstracted (D)</p> Signup and view all the answers

What is the requirement for a coin to be considered mutilated under P.D. 247?

<p>The coin must be a legal tender (B)</p> Signup and view all the answers

What is the punishable act under Article 165 of the RPC?

<p>Actually uttering a false or mutilated coin, knowing it to be false or mutilated (C)</p> Signup and view all the answers

What is the result of mutilating a coin?

<p>The coin decreases in intrinsic value (D)</p> Signup and view all the answers

What is the difference between counterfeiting and mutilating coins?

<p>Counterfeiting involves making a new coin, while mutilating involves altering an existing coin (C)</p> Signup and view all the answers

What is the requirement for uttering a mutilated coin?

<p>The person uttering the coin must have connivance with the mutilator (C)</p> Signup and view all the answers

What is the primary criterion for determining whether a coin is counterfeit or not?

<p>The imitation must be such as to deceive an ordinary person in believing it to be genuine (C)</p> Signup and view all the answers

Which of the following is a punishable act under Article 161 of the RPC?

<p>Forging the Great Seal of the Government of the Philippines (A)</p> Signup and view all the answers

What is the term for the act of making false or altered coins, as described in Article 162 of the RPC?

<p>Mutilation of coins (A)</p> Signup and view all the answers

What is the difference between counterfeiting and forgery?

<p>Counterfeiting involves money, while forgery involves instruments of credit (A)</p> Signup and view all the answers

What is the necessary element for consummating the felony of counterfeiting?

<p>The imitation must be such as to deceive an ordinary person in believing it to be genuine (B)</p> Signup and view all the answers

What is the term for the act of making false or altered documents?

<p>Falsification (D)</p> Signup and view all the answers

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