Legal Terminology Quiz

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BoundlessLotus
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18 Questions

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.

False

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

True

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

True

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

True

Mutilation of coins includes coins of foreign countries.

False

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

True

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

False

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

True

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

False

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

True

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

False

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

True

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

True

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

True

TRUE Cash disbursement vouchers are considered commercial documents.

False

Test your knowledge of legal terminology with this quiz covering topics such as perjury, falsification, and copyright under the IPC. Determine the accuracy of statements related to legal definitions and concepts.

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