Log In Create Account

Philippine Bar review · Question

Practice question: Election, Removal, and Filling of Vacancies

Multiple Choice Easy

Practice question

Under Section 23, when must an election of directors or trustees be by ballot?
  1. Only if every director agrees
  2. Only if the mayor asks
  3. If any voting stockholder or member requests it
  4. Only after a court conviction
  5. Never

Legal references

  • Revised Corporation Code, RA 11232, Sections 23 and 28: https://lawphil.net/statutes/repacts/ra2019/ra_11232_2019.html

Answer this question in flashcards to review your response and continue practicing.