Practice question
Under section 23, who is declared elected among qualified director nominees?
- Only the oldest nominee
- Nominees receiving the highest numbers of votes
- Only nominees chosen by the auditor
- Every nominee automatically
- Only the largest shareholder personally
Legal references
- https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/86463 — RA 11232, sections 23, 27 and 28
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