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Essay Multiple Choice

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All Jurisprudence based

0 tracked cards Political and Public International Law

A corporation organized under foreign law seeks a Philippine public-utility authorization and shows seventy percent genuine Filipino capital in one voting-share class. No alternative exception is claimed. It argues the percentage alone supplies every corporate qualification in Section 11. Which is best?

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Any Filipino percentage automatically changes the place of incorporation. The Constitution never addresses corporate organization. The corporation becomes a Philippine citizen merely by changing its stationery. Section 11 also requires the corporate or associational applicant to be organized under Philippine laws; the percentage alone does not meet that condition.

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