Practice question
Does signing a document only as the corporation’s representative necessarily equal a personal solidary undertaking?
- Yes; every representative signature makes every corporate debt personal.
- Only the ink color matters.
- No.
- Yes; representative capacity has no legal meaning.
- Every corporate employee is automatically a guarantor.
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.