Practice question
What asset-related consideration appears in Section 25(e)?
- Only the value of the parent’s office furniture
- Only the debtor’s tax number
- Only a shareholder’s personal car
- Only the age of a factory
- Ownership of, or the right to use, all or a significant part of the entity’s assets
Legal references
- RA 10667, Philippine Competition Act, Sections 4, 14-15 and 24-27: https://lawphil.net/statutes/repacts/ra2015/ra_10667_2015.html
Answer this question in flashcards to review your response and continue practicing.