Login

You are not logged in.

A.I. Powered: Philippine Bar Reviewer

☰
☰ Home Mock Bar Flashcards Discussions Analytics Blog
All ▸ Bar 2024 ▸ CIVIL LAW ▸ III. PERSONS AND FAMILY RELATIONS ▸ B. Juridical Persons (Civil Code, arts. 44-47)

Question

III. PERSONS AND FAMILY RELATIONS:
B. Juridical Persons (Civil Code, arts. 44-47)

Scenario:

ABC Inc. is a corporation engaged in the business of manufacturing and selling furniture. It has been operating for several years and has established a good reputation in the market. Recently, ABC Inc. encountered financial difficulties and was unable to pay its debts. As a result, several of its creditors filed a petition for involuntary dissolution.

Based on the given scenario, answer the following questions:

  1. Define a juridical person based on Civil Code Article 44.
  2. Discuss the grounds for involuntary dissolution of a corporation.
  3. Is ABC Inc. a juridical person? Why or why not?


Ace the Bar with A.I




You know about A.I. but you don't know just how much it can help you ace the bar? watch this.


Other Questions in This Topic

Bar Review Question: III. PERSONS AND FAMILY RELATIONS: B. Juridical Persons (Civil Code, arts. 44-47) Scenario: ABC I