Philippine Bar review · Question

Practice question: Consideration for Stocks

Multiple Choice Easy Jurisprudence

Practice question

Which service-based consideration is permitted by section 61?
  1. Services merely promised for next year
  2. Labor performed or services actually rendered to the corporation
  3. An unaccepted offer to work someday
  4. A prediction that services will be useful
  5. A promise to recruit future workers

Legal references

  • https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/86463 — RA 11232, section 61

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