Practice question
Does Section 79’s transfer of constituent property cover personal property as well as real property?
- No, only land
- No, only buildings
- Yes, it expressly covers both real and personal property
- No, only cash
- No, only intellectual property
Legal references
- Revised Corporation Code, RA 11232, Section 79: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/86463
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