Philippine Bar review · Topic

Special Fact Doctrine

Explore Special Fact Doctrine in Directors and Trustees for the Philippine Bar. Browse subtopics and published practice questions, then take a quiz or answer…

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Practice questions

  1. Which situation is central to the special fact doctrine illustrated by Strong v Repide?
  2. Which fact supported a disclosure duty in Strong v Repide?
  3. What was the significance of concealing the director-buyer's identity through intermediaries in Strong?
  4. A controlling director personally leads confidential negotiations that will materially affect share value. Before buyin…
  5. A director says Strong imposes a blanket rule that every director is forbidden to buy any share from any shareholder at…
  6. Elisa, a controlling director and the corporation's exclusive negotiator, knows that acceptance of a major asset sale l…
  7. A director secretly purchases a minority shareholder's stock while withholding the special material facts that the dire…
  8. Explain the special circumstances that supported a disclosure duty in Strong v Repide.
  9. Why is general press speculation not necessarily equivalent to disclosure of the special facts in an insider's share pu…
  10. Distinguish the special fact doctrine from a guarantee that a selling shareholder will receive the highest later market…
  11. In evaluating special-fact concealment in a director’s share purchase, which Civil Code provision addresses silence whe…
  12. Under Article 1344, what degree of fraud is required to make a contract voidable?