Board Exam Simulation HD Professional Practice (200 Pts) Flashcards
The equilibrium price is also called____
a.
Market -clearing price
b.
Equilibrium cost
c.
Increased supply
Lien on property with unpaid taxes.
a.
Tax lien
b.
Mortgage lien
c.
Mechanic lien
Establishing Priorities and Procedures in Evaluating Areas for Land Conversion in Regional Agricultural/lndustrial Centers, Tourism Development Areas Sites for Socialized Housing
a.
EO 124
b.
EO 125
c.
EO 126
A certification issued by the EMB certifying that, based on the submitted project description, the project is not covered by the EIS System and is not required to secure an ECG
a.
Certificate of Non-Coverage
b.
Certificate of Teaching
c.
Certificate of Coverage
Any person, natural or juridical, who is engaged in the trade of selling
a.
Dealer
b.
Broker
c.
Buyer
Assuming that the Supreme Court rules with finality that Senator Grace Poe is not a natural-born Filipino Citizen; can she still own private lands in the Philippines?
a.
Yes, because she was an American Citizen who reacquired Philippine Citizenship in accordance with R.A. 9225
b.
Yes, she can own private Philippine Lands but only by succession
c.
No, because only natural born Filipino Citizens can own private Philippine lands
d.
Yes, but only a maximum area of 5000 square meters in case of urban land, and 3 hectares in case of rural land for business or other purpose
A tax is shifted forward to consumers if the demand is inelastic relative to supply
a.
The statement is correct
b.
The statement is not true
c.
Statement AL Bis correct
What is a process to determine the best location for new site and service scheme?
a.
Suitability mapping
b.
Location mapping
c.
Site mapping
The movement of prices will tend to go up because of the higher demand.
a.
Sellers Market
b.
Public market
c.
Buyers Market
Formal declaration in the presence of a notary public or official designated by law.
a.
Acknowledgement
b.
Complaint
c.
Filing
Imposes upon the owner of the servient estate the obligation of allowing something to be done or of doing it himself.
a.
Positive easement
b.
Negative easement
c.
Netraul easement
When demand is price inelastic ,a price decrease and makes the total revenue
a.
Reduces
b.
Unchanged
c.
Increases
This of the following refers to meeting the needs of the present without compromising the ability of future generations to meet their own needs.
a.
Conservation
b.
Reproduction
c.
Bioremediation
Key to orderly and rational land development in any local government unit.
a.
Planning
b.
Analyzing
c.
Implementing
The added desirability or utility of a property due to its frontage to two streets, which provides better ventilation for residential purposes, easier accessibility and more commercial display for commercial and industrial utilization.
a.
Corner Influence
b.
Corner Lot
c.
Plottage
d.
Plottage Value
Party wall or fence use commonly by parties are expense by.
a.
All party
b.
Party who build
c.
All or one party
Refers to lands where naturally occurring energy resources exist.
a.
Energy resources lands
b.
Power plant
c.
Energy production
The highest and best use of a site is its
a.
Current or Existing use
b.
Most probable use that is legal, physically possible and provides the highest financial returns
c.
Immediate& necessary use
d.
Ordinary and Least expensive use
Refers to an area within a city or municipality intended for cultivation and pastoral activities.
a.
Agricultural zone
b.
Pastoral zone
c.
Cultivation zone
How can a corporation mortgage all or substantially all of its property?
a.
Requires majority vote of board of directors and authorized by vote of stockholders representing at least two-thirds
b.
Requires majority vote of board of directors, and authorization of stockholders not necessary
c.
Requires majority vote of board of directors and authorized by vote of stockholders representing at least majority
d.
Requires two-thirds vote of board of directors and authorized by vote of stockholders representing at least two-thirds
Estimate of how old the building appears to be.
a.
Effective age
b.
Physical age
c.
Appearance
Refers to the EMB PEPP EMS as provided for under DAO 2003-14, which is a part of the overall management system of a project or organization that includes environmental policy, organizational structure, planning activities, responsibilities, practices, procedures, processes and resources for developing, implementing, achieving, reviewing and maintaining an improved overall environmental performance.
a.
Environmental Management Systems
b.
Environmental certificate of compliance
c.
Compliance certificate
This allows collaborative partnership among the local government, business and society.
a.
Local Governance
b.
Local execution
c.
Local implementation
Refer to lands where mineral including energy resources are found.
a.
Mineral land
b.
Resources
c.
Energy resources