Consideration for Stocks

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1. Does Section 61 expressly recognize shares in another corporation as possible stock consideration, subject to applicabl… Multiple Choice Easy
2. An investor transfers an actually received useful patent for shares, with fair valuation equal to the issue price. Mana… Multiple Choice Medium
3. The issue price of no-par shares has not been fixed in the articles, and the board has no relevant articles or bylaw au… Multiple Choice Medium
4. A company proposes stock issuance based on a lawful transfer from unrestricted retained earnings to stated capital. Pro… Multiple Choice Hard
5. For no-par stock, the board fixes an issue price relying only on its general managerial status. The articles fix no pri… Multiple Choice Hard
6. Explain Section 61’s treatment of patents as stock consideration. Address receipt, corporate use and valuation without … Essay Hard
7. State the routes for fixing the issue price of no-par shares under Section 61. Does exceeding five pesos eliminate the … Essay Hard
8. A company transfers unrestricted retained earnings to stated capital for an otherwise lawful stock issuance. An objecto… Essay Hard