Practice question
A transfer entry identifies the parties and date but deliberately omits both certificate numbers and share quantity. Does it contain all Section 62 particulars?
- Yes, names alone supply every statutory particular
- Yes, quantity is never recorded
- Yes, the buyer may choose whether shares exist
- No; the omitted identifiers and quantity are expressly required
- Yes, only the seller’s handwriting matters
Legal references
- RA 11232: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/86463; Section 62.
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