Philippine Bar review · Question

Practice question: Corporations (RA 11232, Secs. 2, 4, and 18)

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Practice question

A certificate is issued before the founders collect it and before business opens. Explain which event18 uses for corporate personality and why the later events differ.

Legal references

  • RA11232 Revised Corporation Code: https://lawphil.net/statutes/repacts/ra2019/ra_11232_2019.html Sections2,4 and18.

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