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Philippine Bar review · Question

Practice question: Liabilities and Responsibilities

Multiple Choice Easy

Practice question

Which injured groups are expressly named in Section 30’s first-paragraph damages rule?
  1. Only the corporation
  2. Only directors’ relatives
  3. Only the largest stockholder
  4. The corporation, its stockholders or members, and other persons
  5. Only foreign investors

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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