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Philippine Bar review · Question

Practice question: Transfer of Shares

Multiple Choice Easy

Practice question

Until recording in corporate books, Section 62 recognizes a transfer's validity as between whom?
  1. Every possible third party automatically
  2. All foreign governments
  3. The parties to the transfer
  4. Only newspaper publishers
  5. No one under any circumstances

Legal references

  • RA11232 Section62: https://lawphil.net/statutes/repacts/ra2019/ra_11232_2019.html

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