Practice question
May a juridical person incur obligations in conformity with the laws governing its organization?
- Yes, under Article46
- No, because only biological persons can owe duties
- Only after it dissolves
- Only if every shareholder becomes the debtor
- Only for criminal fines
Legal references
- Civil Code RA386: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html Articles46,1156,1349,1423–1424,1428.
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