Legal Terminology Quiz

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

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

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

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

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

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

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

Mutilation of coins includes coins of foreign countries.

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

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

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

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

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

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

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

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

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

TRUE Cash disbursement vouchers are considered commercial documents.