Corporate Powers

This topic has no further subtopics. Explore its practice questions below.

1. Which capacity is expressly listed in RCC section 35(a)?
2. Which agreement-making power does section 35(h) expressly recognize?
3. Section 44 limits corporate powers to those conferred by the Code or articles and which additional category?
4. A corporation proposes an investment reasonably necessary to accomplish its primary purpose stated in its articles. All…
5. A corporation invokes section 35(g)'s property-dealing power to buy an asset in violation of an applicable constitution…
6. An ordinary stock corporation proposes a sale outside its usual course that disposes of all its operating assets and le…
7. A foreign corporation proposes a donation expressly intended to aid a Philippine political candidate's partisan campaig…
8. Explain express and necessary or incidental corporate powers under sections 35 and 44. A president says a profitable ve…
9. A stock corporation proposes an extraordinary sale of all operating assets that leaves it unable to carry on its corpor…
10. Distinguish section 41's ordinary approval requirements for investment outside a corporation's primary purpose from the…
11. Which employee-benefit power is expressly recognized in Section 35(j)?
12. May a corporation adopt and use a corporate seal under Section 35(c)?