Practice question
Must a contractual rental-share claim necessarily be a corporate dividend claim merely because one defendant is incorporated?
- No; identify the actual contractual right and parties
- Yes; all rent automatically becomes dividends
- Yes; every corporate defendant determines the remedy
- Yes; only stockholders can claim contractual rent
- Yes; incorporation cancels external contracts
Legal references
- Guerrero Estate v Leviste GR253428 February16,2022 MAIN: https://lawphil.net/judjuris/juri2022/feb2022/gr_253428_2022.html
- Lorenzo Shipping v Villarin GR175727/178713 March6,2019 MAIN: https://lawphil.net/judjuris/juri2019/mar2019/gr_175727_2019.html
Answer this question in flashcards to review your response and continue practicing.