Philippine Bar review · Question

Practice question: Corporate Powers

Multiple Choice Hard

Practice question

A municipality invokes Section 22(a)(6) to exercise a supposed corporate power explicitly prohibited to it by another applicable law. It argues that the phrase other powers granted to corporations overrides every limitation. Which is correct?
  1. The catch-all always overrides the Code.
  2. All private corporate powers automatically apply without limits.
  3. The catch-all is expressly subject to the Code and other laws, so it supplies no authority to disregard the prohibition.
  4. A seal registration repeals the prohibition.
  5. A contract title alone creates an exception.

Legal references

  • Republic Act No. 7160, Section 22: https://lawphil.net/statutes/repacts/ra1991/ra_7160_1991.html

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