RFBT Study Guide May 2023 LECPA

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RFBT Suggested Study Guide for May 2023 LECPA

(Designate a specific day of the week devoted for RFBT)

Suggested steps to master RFBT

1 Read the concept notes in the REO app/handouts to gain a bird's eye view of topic coverage and to recall the basics

2 Watch the recorded lectures on discussion of concepts and aim to understand the same. Not for memorization purposes.
3 Answer the MCQs/exercises in the app
4 Answer the monthly assessments
Attend bi-monthly consultations to validate learnings and to clarify topics you deem difficult especially on items covered by the
5
monthly assessment

6 Take the preboard and attend the discussion of preboard to validate learnings and to clarify topics you deem difficult.
7 Feel free to message your reviewer for further concerns.

Note:
ü The above steps can be modified based on your personal learning styles. You know what will work best for you.
Identify which time of the day you are most efficient (i.e., if you are a morning-person or a night-person) and schedule your studies
ü during that period.
ü Always check app notification for any updates or announcements
ü Please refer to RFBT Study Guide - Summary for the total hours that you need to complete RFBT.
ü Please refer to RFBT Study Guide - Details, you can use this as your checklist or todo list.
Since there are a lot of topics in RFBT and we lack precious time, the following is the suggested completion of the topics. You can
ü modify a bit while you progress.

SLOW PACED FAST PACED


Month Week # Topic
October 1 Law on Obligations Law on Obligations
2 Law on Obligations Law on Contracts
3 Law on Contracts Law on Sales
4 Law on Sales Consumer Protection and Lemon Law

November 1 Law on Sales Catch-up backlog on the topics covered


2 Consumer Protection and Lemon Law Law on Partnership
3 Law on Partnership Law on Corporations
4 Law on Corporations Law on Corporations

December 1 Law on Corporations Law on Cooperatieves


2 Catch-up backlog on the topics covered Catch-up backlog on the topics covered
3 Law on Cooperatives Bouncing Checks and Credit Transactions
4 Bouncing Checks and Credit Transactions FRIA and Philippine Competition Act

January 1 FRIA Government Procurement Law and Insurance


Philippine Competition Act and Government
2
Procurement Law PDIC and Secrecy of Bank Deposits
3 Insurance Truth in Lending Act and AMLA
4 Catch-up backlog on the topics covered Catch-up backlog on the topics covered

February 1 PDIC and Secrecy of Bank Deposits Catch-up backlog on the topics covered
2 First Pre-board First Pre-board
3 Go over the first pre-board Go over the first pre-board
4 Truth in Lending Act and AMLA Intellectual Property and Data Privacy

March 1 Intellectual Property and Data Privacy Ease of Doing Business and E-Commerce
2 Ease of Doing Business and E-Commerce Catch-up backlog on the topics covered
3 Labor Law
4 Labor Law Social Security Law
Social Security Law
April 1 Catch-up backlog on the topics covered
2 Catch-up backlog on the topics covered
3 Final Preboard Final Preboard
Go over final pre-board Go over final pre-board
4 Answer all preweek materials Answer all preweek materials

May 1 Pre-week Pre-week


2 Tentative LECPA Tentative LECPA
3 Enjoy while waiting for the LECPA results! Enjoy while waiting for the LECPA results!
4 Enjoy while waiting for the LECPA results! Enjoy while waiting for the LECPA results!
AFAR Study Guide - Summary

Read Answer Watch


Concepts in MCQs in Video in Total TOTAL
vs. TOS
REO app handouts REO app (hours) (in %)
(hours) (hours) (hours)
No. Topic Description
1.    Law on Obligations 2.00 0.50 4.67 7.17 8.83% 6.00%
2.    Law on Contracts 1.50 0.50 3.33 5.33 6.57% 6.00%
3 Sales and Consumer Protection Act 3.33 0.50 7.70 11.53 14.21% 5.00%
4.    Partnership 1.50 0.50 3.33 5.33 6.57% 6.00%
5.    Corporation 2.50 0.75 6.00 9.25 11.40% 30.00%
6.    Cooperative 1.67 0.50 3.17 5.33 6.57% 5.00%
7.    Bouncing Checks and Credit Transactions 0.75 0.50 1.67 2.92 3.59% 5.00%
8.    FRIA 0.67 0.50 1.33 2.50 3.08% 5.00%
9.    Philippine Competition Act and Government Procurement La 1.33 0.50 2.42 4.25 5.24% 4.00%
10.   Insurance 0.83 0.50 1.75 3.08 3.80% 3.00%
11.  PDIC, Secrecy of Bank Deposits and Truth in Lending Act 1.42 0.50 2.67 4.58 5.65% 6.00%
12.  AMLA 1.00 0.25 1.50 2.75 3.39% 6.00%
13.  Intellectual Property and Data Privacy 2.00 0.67 4.67 7.33 9.04% 5.00%
14 Ease of Doing Business and E-Commerce 0.83 0.50 1.67 3.00 3.70% 4.00%
15 Labor Law and Social Security Law 1.83 0.75 4.20 6.78 8.36% 4.00%
Total 23.17 7.92 50.07 81.15 100% 100%
Quizzers

30
30
40
25
40
20
25
10
20
15
25
25
20
30
355
RFBT STUDY GUIDE - DETAILS

In
Minutes Hours
TOPIC 1: Law on Obligations
A. Read concepts in the REO app/website/handouts 120 2.00
B. Watch Video Lectures 280 4.67
C. Answer MCQs in the app 30 0.50

TOPIC 2: Law on Contracts


A. Read concepts in the REO app/website/handouts 90 1.50
B. Watch Video Lectures 200 3.33
C. Answer MCQs in the app 30 0.50

TOPIC 3: Sales and Consumer Protection


A. Read concepts in the REO app/website/handouts 200 3.33
B. Watch Video Lectures 462 7.70
C. Answer MCQs in the app 30 0.50

TOPIC 4: Partnership
A. Read concepts in the REO app/website/handouts 90 1.50
B. Watch Video Lectures 200 3.33
C. Answer MCQs in the app 30 0.50

TOPIC 5: Corporations and SRC


A. Read concepts in the REO app/website/handouts 150 2.50
B. Watch Video Lectures 360 6.00
C. Answer MCQs in the app 45 0.75

TOPIC 6: Cooperatives
A. Read concepts in the REO app/website/handouts 100 1.67
B. Watch Video Lectures 190 3.17
C. Answer MCQs in the app 30 0.50

TOPIC 7: Bouncing Checks and Credit Transactions


A. Read concepts in the REO app/website/handouts 45 0.75
B. Watch Video Lectures 100 1.67
C. Answer MCQs in the app 30 0.50

TOPIC 8: Financial Rehabilitation and Insolvency Act


A. Read concepts in the REO app/website/handouts 40 0.67
B. Watch Video Lectures 80 1.33
C. Answer MCQs in the app 30 0.50

TOPIC 9: Philippine Competition Act and Government Procurement Law


A. Read concepts in the REO app/website/handouts 80 1.33
B. Watch Video Lectures 145 2.42
C. Answer MCQs in the app 30 0.50

TOPIC 10: Insurance


A. Read concepts in the REO app/website/handouts 50 0.83
B. Watch Video Lectures 105 1.75
C. Answer MCQs in the app 30 0.50

TOPIC 11: PDIC, Secrecy of Bank Deposits, Truth in Lending Act


A. Read concepts in the REO app/website/handouts 85 1.42
B. Watch Video Lectures 160 2.67
C. Answer MCQs in the app 30 0.50

TOPIC 12: Anti-Money Laundering Act


A. Read concepts in the REO app/website/handouts 60 1.00
B. Watch Video Lectures 90 1.50
C. Answer MCQs in the app 15 0.25

TOPIC 13: Intellectual Property Law and Data Privacy Act


A. Read concepts in the REO app/website/handouts 120 2.00
B. Watch Video Lectures 280 4.67
C. Answer MCQs in the app 40 0.67

TOPIC 14: Ease of Doing Business and E-Commerce Act


A. Read concepts in the REO app/website/handouts 50 0.83
B. Watch Video Lectures 100 1.67
C. Answer MCQs in the app 30 0.50

TOPIC 15: Labor Law and Social Security Law


A. Read concepts in the REO app/website/handouts 110 1.83
B. Watch Video Lectures 252 4.20
C. Answer MCQs in the app 45 0.75

TOTAL 4,869 81

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