Practice question
Which activity is expressly outside section 139's limited post-dissolution continuation?
- Defending a suit.
- Settling and closing corporate affairs.
- Conveying property for liquidation.
- Prosecuting a suit.
- Continuing the business for which the corporation was established.
Legal references
- Revised Corporation Code, RA 11232, sections 136 and 139, https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/86463
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