Trust Fund Doctrine

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1. Under Halley, does mere delivery of a check by itself necessarily discharge the subscription payment obligation? Multiple Choice Easy
2. All conditions for creditor recourse to an unpaid subscription are proved. The corporate debt is PHP1,000,000, but this… Multiple Choice Medium
3. A shareholder offers only a receipt issued in exchange for a check, with no satisfactory evidence that the check was pa… Multiple Choice Medium
4. A creditor establishes a recognized basis for reaching subscriptions. A defendant proves that she fully discharged her … Multiple Choice Hard
5. A shareholder asserts full payment of a subscription by check. She produces only the corporation’s aggregate tax return… Multiple Choice Hard
6. Explain the payment-proof principles applied in Halley when a shareholder relies on a receipt and a check. Assume the c… Essay Medium
7. A corporate creditor proves entitlement to reach an unpaid subscription. The debt is PHP1,000,000 and the defendant’s u… Essay Medium
8. Can a corporation’s aggregate tax return alone conclusively establish a particular shareholder’s asserted payment by ch… Essay Medium