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All ▸ Bar 2024 ▸ CIVIL LAW ▸ III. PERSONS AND FAMILY RELATIONS ▸ B. Juridical Persons (Civil Code, arts. 44-47)

Question

B. Juridical Persons (Civil Code, arts. 44-47)

Review Question:

Scenario:

The Perfect Fit Corporation is a clothing manufacturing company registered under Philippine law. It has been operating successfully for several years, but recently encountered some legal issues regarding its status as a juridical person. The company's board of directors wants to ensure that they fully understand the concept and requirements of a juridical person under Philippine law.

Question:

Explain the concept of a juridical person under Philippine law. Discuss the legal requirements for a juridical person to exist and be recognized as such. Cite and explain the relevant provisions of the Civil Code (arts. 44-47) that are applicable to this topic.



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Other Questions in This Topic

Bar Review Question: B. Juridical Persons (Civil Code, arts. 44-47) Review Question: Scenario: The Perfect Fit Corpor