Practice question
Which agreement-making power does section 35(h) expressly recognize?
- A power to override the Constitution by private contract.
- A power to cancel every creditor's rights without consent.
- A power to impose criminal sentences.
- A power to enter partnerships, joint ventures and other listed commercial agreements with natural and juridical persons.
- A power to dissolve any unrelated corporation unilaterally.
Legal references
- Revised Corporation Code, RA 11232, sections 35, 39, 41 and 44, https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/86463
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