Practice question
For a sole proprietorship, DO174’s substantial-capital definition refers to what?
- Net worth of at least five million pesos
- The owner’s age alone
- Only the number of clients
- Only a business slogan
- Only the principal’s capital
Legal references
- DOLE Department Order174-2017: https://www.ble.dole.gov.ph/wp-content/uploads/2023/02/DO-174-17-Rules-Implementing-Articles-106-to-109-of-the-Labor-Code-As-Amended1.pdf Sections6 and8, permissible contracting and prohibited practices.
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