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 Nationality requirement in certain industry reserved to Filipinos:

Mass Media - 100%


Advertising - 70%
Public Utility - 60%
Educational Institution - 60%
Exploration, evaluation, and development of natural resources - 60%
Ownership of land -60% of the stockholders of the Corporation must be Filipinos

 A corporate secretary must be both a resident and citizen of the


Philippines.

 If the animal should die after its purchase, which of the following is not a
requisite to make the vendor liable?

1. The animal dies within 3 days after its purchase


2. The disease must be redhibitory.
3. The disease existed at the time of sale.
4. The disease is the cause of death of the animal.

The correct answer is 2. The disease must be redhibitory.

Redhibition
noun Civil Law.
the nullification of a sale because of a defect in the article sold of such nature as
to make it totally or virtually unusable or as to have prevented the purchase if
known to the buyer.

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