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1. Atty Gerard Santos, the Senior Partner in Santos Lopez Tan Law Firm is contemplating in having their firm become an Incorporator in a soon-to-be

1. Atty Gerard Santos, the Senior Partner in Santos Lopez Tan Law Firm is contemplating in having their firm become an Incorporator in a soon-to-be formed XYZ Corporation that will be engaged in a real estate development business. Is the law firm eligible to become an incorporator? Explain with reason.

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