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Philippine Bar review · Question

Practice question: Liabilities and Responsibilities

Essay Hard

Practice question

Explain the significance of other persons in Section 30’s first-paragraph damages rule. Does a claimant’s lack of shares categorically bar the statutory claim?

Legal references

  • Revised Corporation Code, RA 11232, Sections 30 and 33: https://lawphil.net/statutes/repacts/ra2019/ra_11232_2019.html

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