Philippine Bar review · Topic
Liabilities and Responsibilities
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Practice questions
- What causal requirement appears in Section 30’s first-paragraph damages language?
- A director argues that absence of subjective bad faith necessarily defeats every Section 30 claim, despite proven gross…
- A director’s proven Section 30 conduct causes established injury to a third person. The director says the first paragra…
- A board decision causes loss. As to Director D, the evidence establishes no knowing unlawful vote or assent, no gross n…
- A claimant proves that a director acted in bad faith in directing a particular transaction but seeks damages from an un…
- A director concedes gross negligence and resulting corporate injury but denies subjective bad faith. Explain why that d…
- Explain the significance of other persons in Section 30’s first-paragraph damages rule. Does a claimant’s lack of share…
- A claimant proves bad faith in one transaction but demands payment for an admittedly unrelated storm loss. Explain the …