CHAPTER 18-20 IDENTIFICATION 2

Question 1

An entity primarily engaged in the business of lending money for interest.

Answer 1

Lending Investor

Question 2

A special court in the Philippines that has exclusive jurisdiction to review tax cases and decisions of tax authorities.

Answer 2

Court of Tax Appeals

Question 3

Entities engaged in transporting goods or passengers for a fee and available to the general public.

Answer 3

Common Carriers

Question 4

Businesses engaged in the production of electricity through power generation facilities.

Answer 4

Generation Companies

Question 5

Firms responsible for transporting electricity from generation companies to distribution utilities.

Answer 5

Transmission Companies

Question 6

The private corporation operating, maintaining, and developing the country’s power transmission system.

Answer 6

National Grid Corporation of the Philippines (NGCP)

Question 7

The government agency regulating electricity rates and ensuring consumer protection in the energy sector.

Answer 7

ERC (Energy Regulatory Commission)

Question 8

Companies that deliver electricity from transmission systems to end-users.

Answer 8

Distribution Companies

Question 9

Insurance companies offering coverage for properties, liabilities, and other non-life risks.

Answer 9

Non-Life Insurance Companies

Question 10

Entities offering plans for future services like memorial, educational, or pension services.

Answer 10

Pre-Need Companies