Philippine Bar review · Question

Practice question: Non-transferability

Multiple Choice Easy

Practice question

Under Section28, may any unqualified person become the operating nominee of a licensed one-person corporation after the incorporator’s incapacity?
  1. No; the nominee must have all qualifications and no disqualifications
  2. Yes; nomination waives all eligibility rules
  3. Yes; only the person’s nickname matters
  4. Yes; corporate form eliminates qualification checks
  5. Yes; an agency’s clients choose freely without rules

Legal references

  • DMW DC01 series2023 landbased Rules: https://dmw.gov.ph/archives/v1/resources/dsms/DMW/ISN-EXT/2023/DMW-DC-01-2023.pdf Sections26–33, printed pages10–11.

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