Practice question
Section67’s least-shares bidding criterion expressly permits what unit?
- Shares or a fraction of a share
- Only multiples of one thousand whole shares
- Only complete ownership of every corporate share
- Only foreign currency denominations
- No fractional consideration under any circumstances
Legal references
- RA11232 Revised Corporation Code: https://lawphil.net/statutes/repacts/ra2019/ra_11232_2019.html Section67, especially corporate bid, treasury-share and notice provisions.
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