Philippine Bar review · Question

Practice question: Participation in Management; Voting Requirements

Multiple Choice Easy Jurisprudence

Practice question

May a director attend a board meeting by proxy under Section 52?
  1. Yes, every stockholder proxy rule automatically applies to the board
  2. Only if the proxy is the director’s child
  3. No
  4. Only if the director owns many shares
  5. Every absent director automatically votes yes

Legal references

  • RA 11232: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/86463; Sections 52,54-55,57.

Answer this question in flashcards to review your response and continue practicing.