Practice question
Apart from bad-faith participation, which recognized exceptional basis may support an officer’s personal solidary liability for a corporate obligation?
- An enforceable contractual stipulation personally undertaking solidary liability.
- The officer’s favorite color.
- The company’s logo alone.
- Having a corporate email address alone.
- The mere number of employees.
Legal references
- Team Pacific Corp. v. Parente, G.R. No. 206789, July 15, 2020, main decision, corporate-liability exceptions: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/1/66895
Answer this question in flashcards to review your response and continue practicing.