RA 8484 Access Devices Registration 2024

Question 1

What does the term “Access Device” encompass under this Act?
a) Electronic serial number
b) Personal identification number
c) Card
d) All of the above

Answer 1

Answer: d) All of the above

Question 2

How is a “Counterfeit Access Device” defined under this Act?
a) Any device used for counterfeit purposes
b) Any altered or forged access device
c) Any device with a personal identification number
d) Any telecommunications service

Answer 2

Answer: b) Any altered or forged access device

Question 3

What does the term “Unauthorized Access Device” refer to?
a) Access device obtained with intent to defraud
b) Lost access device
c) Expired access device
d) All of the above

Answer 3

Answer: d) All of the above

Question 4

When is an “Access Device Fraudulently Applied for” considered to occur?
a) When applied for with a falsified document
b) When applied for with false information
c) When applied for with fictitious identities
d) All of the above

Answer 4

Answer: d) All of the above

Question 5

What is the definition of a “Consumer” under this Act?
a) Business entity
b) Legal entity
c) Natural person
d) Government organization

Answer 5

Answer: c) Natural person

Question 6

Which of the following falls under the definition of “Credit Card”?
a) Coupon book
b) Credit device
c) Plate
d) All of the above

Answer 6

Answer: d) All of the above

Question 7

What does “Device Making or Altering Equipment” refer to in this Act?
a) Equipment for making coffee
b) Equipment for altering documents
c) Equipment for making or altering an access device
d) All of the above

Answer 7

Answer: c) Equipment for making or altering an access device

Question 8

What does “Open-end-credit plan” mean in the context of this Act?
a) A plan for opening a business
b) A plan for extending consumer credit
c) A plan for closing accounts
d) A plan for consumer savings

Answer 8

Answer: b) A plan for extending consumer credit

Question 9

What is the meaning of “Penalty Charges” under this Act?
a) Interest charges only
b) Amount imposed for non-payment within a prescribed period
c) Collection fees only
d) Finance charges

Answer 9

Answer: b) Amount imposed for non-payment within a prescribed period

Question 10

What does the term “Produce” include in the context of this Act?
a) Consume
b) Assemble
c) Design
d) Authenticate

Answer 10

Answer: d) Authenticate

Question 11

How is “Trafficking” defined under this Act?
a) Transferring or disposing of items without intent
b) Obtaining control of items with intent to keep
c) Transferring or disposing of items with intent to transfer or dispose of
d) All of the above

Answer 11

Answer: c) Transferring or disposing of items with intent to transfer or dispose of

Question 11

Which of the following acts constitutes access device fraud under the Electronic Commerce Act?
a) Possessing a legitimate access device
b) Producing counterfeit access devices
c) Using an access device with proper authorization
d) Selling information about an access device

Answer 11

Answer: b) Producing counterfeit access devices

Question 12

What is prohibited under the section related to “Multiple Imprinting on Transaction Records”?
a) Using an unauthorized access device
b) Trafficking in counterfeit access devices
c) Multiple imprinting on transaction records
d) Making alterations with access device holder’s authority

Answer 12

Answer: c) Multiple imprinting on more than one transaction record

Question 13

Under the section related to “Obtaining Money through the Use of an Access Device,” what constitutes obtaining money with intent to defraud?
a) Legitimate transactions with proper authorization
b) Effecting transactions with access devices issued to another person
c) Inducing someone to produce counterfeit access devices
d) Disclosing information imprinted on the access device

Answer 13

Answer: b) Effecting transactions with access devices issued to another person

Question 14

Which act is prohibited under the section related to “Writing False Approval Numbers on Sales Slips”?
a) Making alterations with the access device holder’s authority
b) Writing false approval numbers on sales slips
c) Disclosing information imprinted on the access device with authorization
d) Obtaining money through the use of an access device

Answer 14

Answer: b) Writing false approval numbers on sales slips

Question 15

What is covered by the prohibition in the section related to “Presenting Evidence or Records of Transactions without Authorization”?
a) Using an unauthorized access device
b) Causing another person to solicit access devices
c) Making alterations to transaction records
d) Presenting evidence of transactions without authorization

Answer 15

Answer: d) Presenting evidence or records of transactions without authorization

Question 16

Which of the following is an act declared unlawful under the section related to “Having Control of Device-Making or Altering Equipment Without Lawful Dealing”?
a) Possessing counterfeit access devices
b) Inducing another person to produce access devices
c) Making alterations to transaction records
d) Having control of device-making or altering equipment without lawful dealing

Answer 16

Answer: d) Having control of device-making or altering equipment without lawful dealing

Question 17

What does the section related to “Soliciting a Person for the Purpose of Offering an Access Device” prohibit without the authorization of the access device issuer?
a) Obtaining money through unauthorized access devices
b) Soliciting persons to offer access devices
c) Making alterations to transaction records
d) Disclosing information imprinted on access devices

Answer 17

Answer: b) Soliciting a person for the purpose of offering an access device

Question 18

Under the section related to “Having in One’s Possession an Access Device Without Authority,” what is prohibited without authority from the owner of the access device?
a) Disclosing information imprinted on the access device
b) Writing false approval numbers on sales slips
c) Possessing access device-making equipment
d) Making alterations to transaction records

Answer 18

Answer: c) Having in one’s possession an access device without authority from the owner

Question 19

What is covered by the prohibition in the section related to “Possessing One or More Counterfeit Access Devices”?
a) Possessing counterfeit access devices
b) Using unauthorized access devices
c) Producing counterfeit access devices
d) Possessing device-making or altering equipment

Answer 19

Answer: a) Possessing one or more counterfeit access devices

Question 20

What constitutes “Trafficking” under the Electronic Commerce Act?
a) Disclosing information imprinted on the access device
b) Possessing unauthorized access devices
c) Transferring or disposing of access devices with intent to transfer or dispose of
d) Making alterations to transaction records

Answer 20

Answer: c) Transferring or disposing of access devices with intent to transfer or dispose of

Question 21

What are the key points under this law on Access Devices registration?

Answer 21

Republic Act No. 8484 Summary:

Key Points:
1. Date of Enactment: February 11, 1998
2. Title: AN ACT REGULATING THE ISSUANCE AND USE OF ACCESS DEVICES, PROHIBITING FRAUDULENT ACTS COMMITTED RELATIVE THERETO, PROVIDING PENALTIES AND FOR OTHER PURPOSES

3. Objective: Regulating the issuance and use of access devices to prevent fraudulent acts associated with their use.
4. Prohibitions: The law outlines specific prohibited acts related to access devices, including counterfeiting, unauthorized use, fraudulent applications, and more.
5. Penalties: Prescribes penalties for individuals engaged in fraudulent activities involving access devices.
6. Scope: Aims to create a legal framework for the proper issuance, use, and protection of access devices, such as credit cards, to ensure the integrity of electronic transactions.

Purpose:
The primary purpose of Republic Act No. 8484 is to establish regulations governing the issuance and utilization of access devices,

with a particular emphasis on preventing fraudulent activities.

By outlining prohibited acts and imposing penalties for violations, the law seeks to safeguard the integrity of electronic transactions, particularly those involving access devices like credit cards.

This legislation contributes to the overall security and reliability of electronic payment systems, protecting both consumers and financial institutions from fraudulent practices.

Question 22

Multiple Choice Questions:

1. What does the provision on ‘Frustrated and attempted access device fraud’ in RA 8484 primarily address?
   
   • a) Definition of terms
   • b) Prohibited acts
   • c) Frustrated and attempted access device fraud
   • d) Penalties for violations

Answer 22

Correct Answer: c) Frustrated and attempted access device fraud

Question 23

2. How does the provision classify the punishment for frustrated access device fraud?
   
   • a) Same as consummated offenses
   • b) One-third of the fine and imprisonment
   • c) Two-thirds of the fine and imprisonment
   • d) No punishment for frustrated attempts

Answer 23

Correct Answer: c) Two-thirds of the fine and imprisonment

Question 24

3. When does a person face punishment under the provision for attempted access device fraud?
   
   • a) Spontaneous desistance
   • b) Accidental causes
   • c) Willful withdrawal
   • d) Overt acts without desistance

Answer 24

Correct Answer: b) Accidental causes

Question 25

4. What is the penalty for someone who commences the commission of unlawful acts but does not perform all acts due to accidental causes?
   
   • a) Same as consummated offenses
   • b) One-fourth of the fine and imprisonment
   • c) One-half of the fine and imprisonment
   • d) No penalty for attempted acts

Answer 25

Correct Answer: c) One-half of the fine and imprisonment

Question 26

5. In the provision, what is the term used for a person’s own willful withdrawal from the commission of unlawful acts?
   
   • a) Spontaneous desistance
   • b) Accidental causes
   • c) Overt acts
   • d) Consummated offenses

Answer 26

Correct Answer: a) Spontaneous desistance