Under RA 4136, what is the 'right-of-way' rule when a vehicle on a public highway meets a vehicle emerging from a private driveway?

1. The vehicle on the public highway has the right-of-way; the emerging vehicle must yield
2. The emerging vehicle has the right-of-way because it is entering from the right
3. The vehicle that travels faster has the right-of-way
4. The vehicle that flashes its hazard lights has the right-of-way