Practice question
An LGU manages an economic enterprise and invokes Section 22(d)'s proprietary autonomy. It claims this lets the enterprise ignore every applicable national law and dispose of any asset regardless of legal classification. Which is best?
- Proprietary autonomy creates sovereignty
- The autonomy remains subject to the Code and other applicable laws
- Every asset becomes freely saleable
- Only private contracts control
- The enterprise may repeal statutes
Legal references
- RA 7160 Section 22, Corporate Powers: https://officialgazette.gov.ph/1991/10/10/republic-act-no-7160/
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